• 23/04/2024 00:20

Lifecell is ahead of Vodafone and Kyivstar in terms of revenue growth

All Ukrainian mobile operators showed revenue growth at the end of 2023, YouControl data shows. Lifecell has the biggest growth, writes Forbes.

Lifecell is ahead of Vodafone and Kyivstar in terms of revenue growth

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Revenue of the mobile operator “Kyivstar” (PJSC “Kyivstar” ) at the end of 2023 increased to UAH 33.1 billion. Compared to 2022, the operator’s revenue increased by 6.8%. The company's revenue at the end of 2022 was 30.9 billion.

The revenue of lifecell (Lifecell LLC) increased by 24.4% – from UAH 9.4 billion in 2022 to UAH 11.7 billion in 2023. According to lifecell's annual report, in 2022 the company's income amounted to UAH 9.4 billion.

The second largest mobile operator, Vodafone Ukraine, by the number of subscribers, had revenue in 2023 of UAH 20.2 billion versus 18 .8 billion UAH in 2022. The nominal increase is 7.45%.

Recall that the French billionaire Xavier Niel intends to pay $500 million for Lifecell after the deal passes all regulatory procedures.

minfin.com.ua

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