Viva-MTS sums up the financial results for 2023 and confirms its leadership in the sector – Armenian News

Subscribers

The Viva-MTS subscriber base as of December 31, 2023 reached to 2.32 million which elevated by 2.2%. The bulk use the Web – 1.87 million subscribers: in comparison with the earlier 12 months, this quantity elevated by 4.4%.

In comparison with the final 12 months, new activations elevated by 6.2%, amounting to 650 thousand subscribers. In 2023, the corporate’s subscribers most well-liked the “UNLIM” tariff plan with AMD 4,500 activation charge. This tariff plan can be in style amongst vacationers visiting Armenia as a result of firm’s finest community protection within the nation.

“Viva-MTS continues to develop steadily. This stability is the results of innovation, robust company governance, funding and teamwork. It’s noteworthy that, in circumstances of fierce competitors out there, Viva-MTS has at all times remained a pacesetter even in a scenario when it was the one operator that didn’t present fixed-line communications to households. Now, with the launch of the “RED” tariff plan, because of our group and the groups of our companions, we’ve got the chance to offer them with a aggressive device and supply cell communications, mounted Web and tv companies to the inhabitants, in addition to broad prospects have opened up for additional progress. Viva-MTS continues to increase the one 5G community applied in Armenia and enhance the 3G and 4G networks,” Armen Avetisian, the Normal Director of Viva-MTS famous.

Revenue

On the finish of 2023, the corporate data and persistently excessive monetary progress. Working revenue elevated by 5% in comparison with 2022, amounting to AMD 53.52 billion, and revenue from Web companies elevated by 6.5%, amounting to AMD 27.21 billion.

Key metrics have been improved by increased revenues from communication companies, supported by a number of initiatives applied as a part of the corporate’s competent technique, geared toward enhancing consumer expertise and creating extra worth for our shoppers. Specifically:

1. “UNLIM” tariff plan has been launched
2. Subscribers of tariff plans X and Y obtained 2 occasions extra Web and voice service packages
3. Yandex+ subscription has grow to be accessible to subscribers of tariff plans X and Y with out extra charges, offering the chance to make use of quite a lot of Yandex Plus digital companies, together with watching motion pictures, listening to music, in addition to extra reasonably priced tariffs when ordering a taxi.
4. The “Recharge+” service has been improved, which allowed subscribers to make use of communication companies value as much as 3,000 AMD and pay for them later.

In comparison with the earlier 12 months, an unprecedented 40% enhance in revenue from roaming companies was recorded, which is related to the comfort and accessibility of the VOYAGE service. Subscribers throughout the VOYAGE service in 2023 had a chance to make use of as much as 5 occasions extra Web.

Cloud Companies

In 2023, the revenue from cloud companies reached to 96.4 million AMD, in contrast with the earlier 12 months, the quantity is elevated by 91.4 %.

Capital expenditures/investments

The corporate’s capital expenditures in 2023 amounted to 10.49 billion AMD, a rise of 4% in comparison with final 12 months, ensuing within the firm making its first investments in Armenia in 2023:

1. The 5G community, which presently operates within the downtown of Yerevan and in Gyumri, the corporate plans to increase its availability within the coming years each in Yerevan and within the areas.
2. Progressive companies VoLTE and VoWiFi (Wi-Fi Calling), which can be found solely to Viva-MTS shoppers, are utilized by greater than half of the corporate’s subscribers. Our shoppers use the VoWiFi service each in Armenia and overseas, and the tariffs for one of these calls are the identical as within the residence community.

Additionally throughout 2023, Viva-MTS carried out large-scale re-equipment work aimed modernizing the 4G/LTE community. By the top of 2023, Viva-MTS has constructed greater than 170 base stations working utilizing 4G/4G+ know-how. Consequently, 4G/4G+ protection turned accessible to 99.6% of the inhabitants.

• 2G – 99,5% of inhabitants protection.
• 3G – 99,8% of inhabitants protection
• 4G – 99,6% of inhabitants
• 13 – photo voltaic powered/hybrid stations

CSR

In complete, in 2023, Viva-MTS allotted 221 million 230 thousand AMD for social investments. Help of the Nationwide Autism Basis, cooperation with the SORS Basis, assist for the academic ICT sector, environmental packages, in addition to utilizing new applied sciences to assist scale back the burden on villages and mitigate the distinction in improvement between the capital and the areas. The corporate continues to assist the Paros choir, working beneath the Unison NGO. As a pacesetter within the area, Viva-MTS helps ICT initiatives that contribute to rising the competitiveness of Armenia. Usually, since its founding, the quantity of funds allotted by the corporate for social investments is 28,000,221,230 AMD. Discover extra info right here.

Taxes

Viva-MTS, which at all times ranks first amongst all operators within the checklist of largest taxpayers, this 12 months additionally topped the checklist, taking thirteenth place within the total taxpayer score. In 2023, the corporate paid taxes within the quantity of 13,034,433,600 AMD, which is the best among the many firms working on this sector.