Globul’s revenues climb 25%

26 Feb 2007

Cosmo Bulgaria Mobile, which offers wireless services under the Globul brand, has posted a 25% hike in revenues to BGL669.4 million (USD432 million). EBITDA rose 35% year-on-year to BGL247 million while net profit was up 23% to over BGL63 million. At the end of the year the company claimed 3.2 million customers of which 2.1 million were connected to pre-paid plans. ARPU was BGL20, while average minutes of use was 71.

Bulgaria, Telenor Bulgaria