Macedonian mobile operator VIP Mobile, part of the Telekom Austria Group, has reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR2.5 million (USD3.1 million) for the three months to 30 June 2012, up from EUR500,000 in the corresponding period of 2011, on revenue that rose 10.4% year-on-year to EUR14.6 million. Operating expenses decreased by 4.9% y-o-y, primarily driven by lower interconnection expenses, lower marketing costs and other cost savings
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OVETEL VIP, a hit, hooray!
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