VIP Mobile ends March with 490,000 customers

13 May 2011

Macedonian cellular operator VIP Mobile ended March 2011 with more than 490,000 subscribers, a 47.2% increase compared to a year earlier. In a statement VIP Mobile claimed its market share reached 21.5% in late-March. The company’s revenue grew by 60% year-on-year, to EUR11.1 million (USD15.8 million), in turn helping it to trim its losses from EUR1.5 million in the first quarter of 2010 to EUR400,000 this year.

North Macedonia, A1 Macedonia (formerly Vip)