Mobile operator Vodafone Ukraine has prepared a report on the results of work in the first half of 2022. It is noted that in this period, atypical factors related to the war had a significant impact on the dynamics of financial indicators – emergency work to restore the network, mass migration of customers abroad, etc. The increase in some of the financial indicators in the first half of 2022 was achieved due to the successful results of the first two months of the year.

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Vodafone Ukraine’s revenue in the first half of 2022 grew by 3% compared to the same period last year and amounted to more than UAH 9.9 billion. OIBDA (operating income before depreciation and amortization of fixed assets and intangible assets) exceeded UAH 5.76 billion. OIBDA margin increased by 2.1 percentage points to 58.1%. At the same time, net profit amounted to UAH 663 million.

Capital investments in the first half of the year amounted to UAH 1.276 billion, which is 14% less compared to the same period in 2021. It is noted that today all elements of the core network are operating as usual, Vodafone Ukraine has taken all the necessary steps to quickly switch to a backup scenario. About 87% of the network is working, and this figure is growing. All critical elements of the technical and IT infrastructure have already been diversified. The approximate amount of asset losses is about UAH 806 million.

Due to the mass migration of Ukrainians caused by hostilities, the size of the Vodafone Ukraine subscriber base has changed significantly. As of the end of July, the operator’s subscriber base amounted to 16.6 million customers. Of these, 1.76 million are forced to stay outside the country.

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Additionally, it is said that the operator continues to help the country. As of the end of July 2022, the company connected free services in the amount of UAH 270 million for 13 million customers in Ukraine. And abroad – in the amount of UAH 596 million for 1.5 million subscribers in 32 countries.