Beeline's investments in Armenia in 3rd Q 2015 amounts to $5 million and operational earning $30 million

YEREVAN, November 12. /ARKA/. Beeline has summarized financial and operational results of its third-quarter activity in Armenia.

The company said Wednesday in a news release that its operational earning amounted to $30 million in the third quarter of this year – by $4 million more than in the second quarter.

 "EBITDA margin rose 3% in the 3rd Q 2015, compared with the indicator of the third quarter of the previous year, to 40.7%. EBITDA вamounted to $12 million in the 3rd Q 2015 - $1 million more than in the second quarter and $3 million more than in the first quarter," the news release says.

Beeline's capital investments in Armenia in the 3rd Q 2015 totaled $5 million – by $3 million more than in the previous quarter.

ArmenTel CJSC, a subsidiary of Russian VimpelCom (trading as Beeline), provides fixed and mobile telecommunication services and a high-speed access to Internet. ---0---

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14:58 11/12/2015