{"id":12522,"date":"2025-11-11T13:39:28","date_gmt":"2025-11-11T08:39:28","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/beeline-uzbekistan-increased-its-revenue-by-12-to-2-864-trillion-soums-over-nine-months\/"},"modified":"2025-11-11T13:39:28","modified_gmt":"2025-11-11T08:39:28","slug":"beeline-uzbekistan-increased-its-revenue-by-12-to-2-864-trillion-soums-over-nine-months","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/beeline-uzbekistan-increased-its-revenue-by-12-to-2-864-trillion-soums-over-nine-months\/","title":{"rendered":"Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums over nine months"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>The quarterly 2.4 times increase in digital revenue is the result of the development of digital services (fintech, entertainment, cloud services), diversification from traditional communication.<\/p>\n<h3>Financial results<\/h3>\n<p><strong>3rd quarter:<\/strong><\/p>\n<ul>\n<li>Revenue: 967.9 billion (+9.3% in sums, +10.6% in dollars to $77 million);<\/li>\n<li>EBITDA: 333.9 billion (+5.7%, $27 million);<\/li>\n<li>EBITDA margin: 34.5% \u2014 decrease due to investments in the network, digital services.<\/li>\n<\/ul>\n<p><strong>9 months:<\/strong><\/p>\n<ul>\n<li>Revenue: 2.864 trillion (+12%);<\/li>\n<li>EBITDA: 1.053 trillion (+14.6%) \u2014 faster than revenue, operational efficiency.<\/li>\n<\/ul>\n<h3>Digital revenue \u2014 growth driver<\/h3>\n<ul>\n<li><strong>3rd quarter: <\/strong>115.5 billion (+242.6%, 2.4 times), share of total revenue 11.9%.<\/li>\n<li><strong>9 months:<\/strong> increase by 2.2 times (+222.1%).<\/li>\n<li><strong>What are these:<\/strong> fintech (mobile payments, transfers), entertainment (streaming, games), cloud services, IoT.<\/li>\n<li><strong>Why growth:<\/strong> digitalization of the economy, demand for fintech, entertainment, diversification from traditional communication.<\/li>\n<\/ul>\n<h3>Telecom and infrastructure<\/h3>\n<ul>\n<li><strong>3rd quarter:<\/strong> 852.35 billion (+0.1%) \u2014 stagnation due to market saturation and competition.<\/li>\n<li><strong>9 months:<\/strong> 2.558 trillion (+3.7%) \u2014 slow growth.<\/li>\n<\/ul>\n<h3>Subscriber base<\/h3>\n<ul>\n<li><strong>Mobile communication: <\/strong>7.7 million (-5.5%) \u2014 reduction due to the transition to a high-quality base, withdrawal of low-margin customers.<\/li>\n<li><strong>4G:<\/strong> 5.8 million (-4.3%), penetration 75.2% \u2014 an increase in the share of 4G with a decrease in the overall base.<\/li>\n<li><strong>Multiplay:<\/strong> 3.7 million (+14.4%), 51.3% share of active audience \u2014 packages (internet + TV + communication) increase engagement and loyalty.<\/li>\n<li><strong>MAU of digital services:<\/strong> 7.9 million (+7.6%) \u2014 growth in fintech and entertainment users.<\/li>\n<\/ul>\n<h3>ARPU<\/h3>\n<ul>\n<li>Average revenue per user has increased \u2014 a key factor in revenue growth while reducing the base. Specific figures were not disclosed. <\/li>\n<\/ul>\n<h3>CAPEX<\/h3>\n<ul>\n<li><strong>3rd quarter:<\/strong> 138.87 billion (+5.7%), intensity 14.3% \u2014 investments in network modernization (5G, 4G expansion), digital services.<\/li>\n<\/ul>\n<h3>Quality strategy<\/h3>\n<p>Beeline is moving from a mass base to a high-quality one \u2014 high ARPU, engagement. The decrease in subscribers (-5.5%) is compensated by revenue growth (+12%) through digital services and Multiplay packages. <\/p>\n<h3>Context<\/h3>\n<ul>\n<li><strong>VEON: <\/strong>An international group owned by Beeline in Uzbekistan, Russia, Kazakhstan, and Pakistan.<\/li>\n<li><strong>Digital transformation: <\/strong>Beeline is diversifying from traditional communication to fintech, entertainment, cloud services \u2014 a trend of global telecoms (fighting the drop in revenue from voice services, SMS).<\/li>\n<li><strong>Competition: <\/strong>Ucell, UMS (Humans) \u2014 Beeline leads in digital services.<\/li>\n<li><strong>Base reduction:<\/strong> conscious strategy \u2014 seeding off low-margin customers (SIM cards for SMS, rare calls), focusing on high-income ones (internet, digital services, Multiplay).<\/li>\n<li><strong>EBITDA +14.6% faster than revenue:<\/strong> operational efficiency, scalability of digital services (low marginal costs).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums. Digital revenue grew 2.2 times, while the number of subscribers fell by 5.5%.<\/p>\n","protected":false},"author":4,"featured_media":12502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/11\/6913946f63a8f.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":12502,"YlB8HH34jIzY":"Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums over nine months"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[3605,2062,3459,3606],"class_list":["post-12522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-beeline-en","tag-business","tag-financial-results","tag-telecommunications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums over nine months &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Beeline Uzbekistan increased its revenue by 12% to 2.864 trillion soums. 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