Stable growth of Vip mobile in 2020.

Dejan Turk to stay CEO for the next three years at least

Focusing on customer needs, reducing capital expenditures and redefining operations in all segments resulted in stable revenue growth for Vip mobile in 2020. In spite of a significant loss of roaming revenue and negative foreign exchange effects, the A1 Telekom Austria Group, of which Vip is a part, has emerged to operate stably.

A1 Telekom Austria Group generated total revenue of EUR 4.55 billion and recorded a 5.1% increase in the number of customers in almost all markets. In 2021, the Group will remain committed to a growth strategy through its core business, increasing revenue and developing advanced technological solutions and potential growth through acquisitions.
Despite the competitive environment, Vip mobile recorded total revenue of 286.2 million euros, which is 0.8% more than in 2019, as well as a slight increase in the number of users, by 1.7%. In a year marked by a record increase in internet consumption via the mobile network (approximately 50%), the drivers of revenue growth were the postpaid and FMS segments, while M2M (machine to machine) and Cloud solutions were the main drivers of the ICT segment. As expected, the biggest decline was recorded in the field of roaming and prepaid.

Access to the latest technology and expertise of the A1 Telekom Austria Group, as well as the faster implementation of certain services on the market, contributed to the achievement of these results. During 2021, Vip will rebrand into A1 and thus become the only international operator on the Serbian market. This business move is part of the Group’s strategic decision to introduce a unique brand in all markets in which it operates.

Also, by the decision of A1 Telekom Austria Group, the current CEO, Dejan Turk, has been extended the mandate for the next three years. Dejan has been the head of Vip mobile since 2014. as CEO, and a year later took over the position of director/CEO/CMO of the new organizational unit “Serbia and Slovenia” within the A1 Telekom Austria Group.

“The digital age is facing us with completely new challenges, that’s why I believe that this year is the right moment to take a step further in our development. As the only international operator in Serbia, we will improve the user experience in all fields. We strive to be true partners to our users in this digital world, offer advanced solutions for everyday life and help them choose the best options for themselves in a multitude of choices “said Dejan Turk, CEO of Vip mobile and A1 Slovenia.

Addressing the needs of the market and users, in 2020 the company launched a series of initiatives, including the launch of the first virtual store in Serbia, endless tariffs, but also the “Stari znalci” project in order to empower, educate and point out the importance of our oldest. Vip is also the first operator to introduce NB IoT technology in Serbia and cover 99% of households in the country.

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