Simobil, Slovenia's second largest provider of mobile services, generated operating revenues to the tune of EUR 131.2m in 2006, 30.2% more than in 2005. Its operating profit meanwhile soared by 149.6% to EUR 11.2m, the company told the press in Ljubljana on Wednesday.
The company assessed that its market share stood at 24.9% in 2006, up 2.2 percentage points over 2005. It increased the number of users by 17% to 420,900, with 57.5% of them being subscribers, an increase of 8.4 percentage points over 2005.
"2006 was the best year in Simobil's history," Simobil chairman Andreas Maierhofer told the press and added that the company would invest its profits in third-generation mobile technologies such as EDGE and HDSPA.
According to Maierhofer, Simobil acquired 135 base stations of the defunct wireless operator Vega last year, got 90% of former Vega users to switch to Simobil and started to lease its network to retailer Mercator, which added mobile telephony to its services.
The company also acquired a EUR 6.5m license for third-generation UMTS technology last year. Simobil plans to erect some 100 UMTS base stations this year, covering Ljubljana and the country's second largest city Maribor.
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