Leading Mobile Telecom Operator Waits for Deterioration of Financial Situation
The press conference of the Financial Director of Azercell Serdar Yilmaz was about the results of the last year.
According to him, the mobile operator's revenues decreased by 7% from 430 million manats in 2014 to 400 million AZN last year, with a tendency to further deterioration of the indicators against the background of the poor purchasing power of the consumers of telecommunications services. "In this case, we need to optimize our costs, and specific methods for this have already been developed," he said.
Presumably, the investment in the telecommunications sector in Azerbaijan will amount to approximately 50 million manats (last year - 68 million AZN). --17D-
Economics
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