14.Sep .2021 10:30

How Much Income Did Magti And Silknet Earn From Fixed Internet?

How Much Income Did Magti And Silknet Earn From Fixed Internet?
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The number of internet subscribers has reached 958,000 in Georgia. According to the statistics of the Communications Commission, as of June 2021, MagtiCom is in the first place on the fixed internet market, with 473,000 subscribers across the country. In second place is "Silknet", which has 290,000 subscribers, and "SkyTel" ranks in third place with 47,000 subscribers.

MagtiCom is still on the first place according to the financial results with a revenue of GEL 67.5 million in 1H2021, while Silknet's revenue is GEL 49.6 million. In more detail, the company figures are distributed as follows:

MagtiCom - GEL 67,490,345;
Silknet - GEL 49,557,771;
SkyTel - GEL 8,802,412;
Akhali Kselebi - GEL 3,628,327;
Akhteli - GEL 1,551,670.

TOP-5 Market Players According To The Number Of Subscribers:

MagtiCom - 473,206 subscribers;
Silknet - 290,584 subscribers;
Akhali Kselebi - 45,699 subscribers;
SkyTel - 47,038 subscribers;
Akhteli - 15,980 subscribers.