Consolidated revenue of the company for the first three months of this year increased by 19% compared to the same period in 2019 and amounted to 12,535 million rubles, which corresponds to the previously approved development strategy. OIBDA increased by 23% and amounted to 5,130 million rubles. OIBDA margin is 41%.The key growth factor is still the B2B business based on providing digital services to our customers.
More information can be found in the Investors section.
ER-Telecom Holding developed the Turnkey «Virtual Office» service for business clients. It is implemented as part of a special program of anti-crisis proposals #savebusiness.
ER-Telecom Holding supported an international project to introduce new digital solutions to counter COVID-19. The developed services are relevant at various stages of the pandemic for manufacturing companies, medical institutions and ordinary people, as several geolocation technologies and low power IoT sensors based on the LoRaWAN standard network are used here.