Albanias mobile operators report 1.2% drop in 2010 revenue on lower prices.

By bne IntelliNews September 29, 2011
The revenue of Albanias mobile operators fell by 11.2% y/y to ALL 41.9bn (EUR 296mn) in 2010 as stiffer competition cut prices, Albanian Daily News reported citing data from the countrys Electronic and Postal Communications Authority. Compared to 2008, the revenue dropped by 14.5%. Four mobile phone operators serve the countrys 3.2mn people, but the data included only three of the firms as the youngest Plus Comminications started operations last year. Albanian Mobile Communications (AMC), a unit of Greek OTE, reported a 17.5% decrease in last years revenue to ALL 16.5bn. The Albanian unit of UK Vodafone saw an 11.8% fall in the revenue to ALL20.1mn. Turkish-owned Eagle Mobile was the only one to raise revenue by 18.2% to 5.2bn.
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