According to Cellular News, Yota, the Russian WiMax provider, disclosed that it has arrived at the operational breakeven point in only 5 months after the launch of the WiMax network in Moscow and St Petersburg. The deployment in a third Russian city, Ufa, took place in October.
Also in October, the company counted 200,000 active subscribers and measured a total data transfer volume of 1.848 TB in all three cities. “It took the company less than five months of network commercial operation to reach the operational break-even point” said Yota General Director Denis Sverdlov. He added that Yota’s success is evidence that the 4G telecommunications service sector is a profitable business investment.
Yota’s subscription rates peaked in September and October with an average of over 2,000 new subscribers per day. But these numbers seem to be just the beginning as they can be expected to grow even further when Yota extends its network services to the next two Russian cities on the list – Sochi and Krasnodar. By 2010, Yota plans to expand its network coverage area to 15 more Russian cities.
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