Macedonia’s VIP Mobile completes successful 3G tests

20 Apr 2012

Macedonian wireless operator Mobilkom Macedonia (VIP Mobile), a unit of Telekom Austria-controlled mobilkom Austria, has released a press release confirming the successful completion of technical trials of its 3G mobile network and services. The cellco went on to say that in the wake of the trials, it has launched legal proceedings to secure formal regulatory approval for the commercial use of its 3G network.

TeleGeography’s GlobalComms Database writes that VIP Mobile turned in positive earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR6.3 million (USD8.3 million) in FY2011, from negative EBITDA of EUR5.2 million a year earlier. According to parent Telekom Austria Group’s 2011 financial report, VIP Mobile turned to positive EBITDA of EUR5.2 million from a negative EUR2.2 million figure in the fourth quarter alone, on revenues which increased 38% y-o-y to EUR14.1 million from EUR10.2 million previously. The cellco had signed up more than 566,600 users by 31 December 2011, and has invested EUR125 million (USD170.8 million) in the development and rollout of its networks and services in the four-year period to end-September 2011 (latest available figure).

North Macedonia, A1 Macedonia (formerly Vip)