Armenian fixed and mobile operator reported strong subscriber gains in both mobile and fixed broadband users, helping drive full year operating revenues up to USD190 million from USD184 million in FY2010. EBITDA reached USD73 million in the period under review, down from USD78 million in 2010, although the EBITDA margin improved to 40.7% in 4Q11, compared to 36.4% in 4Q10.
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OVETEL ArmenTel reports rising mobile, broadband subscribers
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