Vip operator, the third largest mobile operator in the Republic of Macedonia, had 250,900 customers in 3Q 08 compared to 209,200 customers in 2Q 08 and held a market share of 11.5% at the end of 3Q 08. At the end of September 2008 the penetration rate in the Republic of Macedonia was 107.5%.
Vip operator’s revenues amounted to EUR 3.9 million in 3Q 08. The company generated an EBITDA loss of EUR 4.3 million, reflecting a continuing reduction compared to the previous quarter. Operating loss amounted to EUR 5.5 million in 3Q 08.