In 10M2023, the population of Georgia spent GEL 652 million for mobile communication, which was GEL 81 million or 14% more compared to the same period of the previous year.
The growth of companies' revenues is due to the increased number of subscribers in the country. As of October, there are 5,455,943 active subscribers in the country, which is 81,000 more than in 2022.
Number of subscribers and financial results of the companies for 10M2023:
"Magti" - 2,285,857 subscribers, income - GEL 319,667,441, annual growth of 14%;
"Silknet" - 1,852,864 subscribers, income - GEL 226,863,930, annual growth of 15%;
"Selfie" - 1,299,604 subscribers, income - GEL 104,115,690, annual growth 12%.
The number of subscribers increased the most for "Silknet" in 2023, which had more than 58,000 subscribers. "Magti" ranked the second with the increase of subscribers, which added 26 thousand users, while the number of subscribers of "Cellfie" decreased by 21 thousand.
Along with the increased number of users, the average revenue per subscriber has also increased. "Magti" subscriber pays GEL 14.56 per month (4 tetri increase), "Silknet" subscriber - 12.76 GEL (49 tetri increase), Cellfie subscriber - 8.77 GEL (90 tetri increase).
According to a report published by the Communications Commission, the revenue of mobile operators is becoming less and less dependent on making voice calls. For example, in October 2023, 457 million phone calls were made, which was 13 million calls less than a year ago. The income of the voice service was GEL 10.5 million, which is reduced by GEL 0.8 million annually.
Mobile Internet usage has increased. In October 2023, subscribers of mobile operators used 50,318 terabytes of the Internet, which was an annual increase of 24%.
