MegaFon subs up 23% so far this year

5 Oct 2006

Russia’s third largest cellular operator MegaFon says subscriber numbers jumped 23% in the first nine months of 2006 and it ended September with 28.07 million customers. The firm has also reported customer usage data for the second quarter, with average monthly revenue per user standing at USD11.10 in the three months to the end of June, up from USD10.90 in the second quarter of 2005. Minutes of use increased to 212 minutes per month from 196 a year ago, while monthly customer churn levels fell from 4.3% to 3.6%.

Russia, MegaFon