lifecell doubles net loss in Q1 2017

lifecell doubles net loss in Q1 2017

 The mobile operator lifecell in January-March 2017 doubled its net loss - to UAH 137.9 million from UAH 67.6 billion for the same period in 2016.

This is envisaged a financial report of the parent company Turkcell (Turkey), posted on its official website, according to the business portal Capital.

According to the report, revenues of the operator in the first quarter of 2017 grew by 4.2% - to UAH 1.18 billion, while EBITDA dropped by 10.2% - to UAH 319.7 million.


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