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Wind Mobile Canada Emerges From Strongest Year Ever
TORONTO, Mar 6, 2013, 2013 (Canada NewsWire via COMTEX) --
Parent Company VimpelCom Releases Fourth Quarterly Results
VimpelCom Ltd (NYSE: VIP) owned Orascom Telecom Holding S.A.E ("Orascom"), WIND Mobile's parent company,
shared its 2012 fourth quarter results today. The results show strong
growth for WIND Mobile in Canada including a substantial increase in
its subscriber base and expanding its distribution footprint to include
335 branded point-of-sale locations across the country.
"It was a banner year for us - our strategy to develop our postpaid
customer base is clearly working," said Pietro Cordova, Chief Operating
Officer of WIND Mobile. "We are excited to continue to perform
successfully in 2013 as we work hard towards our goal of consolidating
Wind Mobile as the only real alternative to incumbents for Canadians"
"2013 is going to be an exciting year for the Canadian telecommunication
market in general and for Wind Mobile in particular," said Cordova. "We
are continuing to improve our network across the country and are
focused on delivering the best value for money proposition in the
Country"
Highlights from the Fourth Quarter report include:
-- In Canada, Wind Mobile grew its subscriber base by 47% YoY
-- During 4Q12, WIND Mobile continued to strongly deliver on its
"Value Plus" strategy adding primarily postpaid subscribers
while carefully managing prepaid economics for both voice and
mobile broadband customers.
-- WIND Mobile added 79,954 subscribers during the fourth quarter
increasing its active subscriber base to 590,438. It should be
highlighted that more than 70% of gross additions during the
quarter were postpaid customers.
-- On the commercial front, WIND Mobile enjoyed a strong holiday
season. A new media campaign and promotional offers were
launched to support the important selling season.
-- With respect to handsets, the strength of the Samsung Galaxy
SIII continued throughout the quarter. In addition, the company
continued to add to its high-end Android devices with the
introduction of the Samsung Galaxy Note II, the LG Optimus 4x,
the SONY Xperia ION and the Huawei D-Quad.
-- In addition, the company maintained its focus on expanding its
network and launched Peterborough and Windsor in 4Q12,
increasing population coverage to exceed 14 million, alongside
continuous network quality improvements and increased sites on
air to 1,300 sites.
-- WIND Mobile grew its distribution footprint and branded
points-of-sale to reach 335 by end of 2012.
WIND Mobile is supported by shareholder Orascom Telecommunications,
controlled by Amsterdam-based VimpelCom Group, a global company with
over 200 million customers.
To review the report in its entirety, go to http://www.orascomtelecom.com/files/financial/989477140_Orascom%20Telecom%20Earnings%20Release%204Q12.pdf
About WIND Mobile
WIND Mobile is dedicated to improving the Canadian wireless experience
by offering customers simple and transparent plans, including real
unlimited voice/data/text with no-term contracts and no hidden fees.
Committed to becoming the country's fourth national carrier, WIND has
more than 500,000 happy customers inCanadaand is a part of
Amsterdam-based VIMPELCOM Ltd., a global company with over 200 million
customers. Learn more about WIND Mobile atwww.windmobile.ca.
SOURCE: WIND Mobile
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2013/06/c2840.html
SOURCE: WIND Mobile
Alexandra Maxwell Public Relations and Social Media Specialist, WIND Mobile
AMaxwell@WINDMobile.ca 416-557-5709
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