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- #Why was cashflow 101 discontinued full
- #Why was cashflow 101 discontinued tv
- #Why was cashflow 101 discontinued free
These figures reflect cash capex of approximately USD 347mn in the quarter. Group net debt of USD 8.2bn (of which lease liabilities were USD 1.8bn) at the end of 3Q resulted in a net debt/EBITDA ratio of around 2.5x. On 6 September 2021, VEON announced that it had reached an agreement to sell its mobile network towers in Russia to Service-Telecom Group of Companies LLC for a total consideration of RUB 70.65 billion ( USD 970 million equivalent), subject to customary regulatory approvals. We remain focused on active portfolio management and the pursuit of opportunities to realize the value of our infrastructure portfolio.
#Why was cashflow 101 discontinued tv
JazzCash closed the quarter with 13.9 million monthly active users (+43.6% YoY), Toffee TV in Bangladesh reached 6.3 million monthly active users from 1.8 million a year ago and Beeline TV in Russia hit 3.1 million monthly active users (+16.7% YoY) in 3Q21. A noteworthy contribution to our data revenue growth came from Pakistan (+25.5% YoY), Kazakhstan (+40.3% YoY) and Bangladesh (+32.0% YoY). Mobile data revenue increased by 18.8% YoY in local currency (18.1% YoY reported), driven by our ongoing 4G focus. The Group also recorded a QoQ increase in its total subscribers, which grew by 3.2 million in 3Q21 to reach 202.9 million. Total Group 4G users reached 93.8 million, corresponding to 4G subscriber penetration of 46.2% at quarter-end. Group capex stood at USD 381 million, supporting the continued expansion of our 4G customer base, which increased by 24.7 million YoY and 7.0 million QoQ. With reported revenues up 10.2% YoY and local currency revenues growing 11.2% YoY, VEON recorded double digit growth for the second consecutive quarter in 3Q21.
#Why was cashflow 101 discontinued full
On Group revenues guidance, we maintain high single-digit local currency growth for the full financial yearĪlgeria has become a discontinued operation, is accounted for as an "Asset held for sale" and does not contribute to both the comparison base and the actual reported numbers JazzCash in Pakistan reached 13.9 million monthly active users, and Toffee TV in Bangladesh reached 6.3 million monthly active users.įY2021 Group EBITDA guidance raised to minimum local currency growth of 8%.
#Why was cashflow 101 discontinued free
Strong acceleration in Beeline Russia's total revenue and service revenue performance, which were up 8.2% and 4.7% YoY in local currency respectively (+8.3% and +4.8% YoY reported respectively)ĮBITDA increased strongly year-over-year in both reported currency (+8.6%) and local currency (+9.1%)Įquity free cash flow for the quarter of USD 308 million showing a significant improvement over prior quartersĤG subscribers increased to 93.8 million, reaching penetration of 46.2%, up 10.3 p.p. Strong year-over-year revenue performance in both reported currency (+10.2%) and local currency (+11.2%)
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Execution Gains Momentum: Another Quarter Of Double-digit Growth Raising Full Year EBITDA Guidance