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General

A1 forecasts FY revenues down around 2% after Q2 sales drop

Wednesday 15 July 2020 | 09:17 CET | News
A1 Telekom Austria Group said its revenues declined by 2.4 percent in Q2 to EUR 1.09 billion, mainly due to lower equipment revenues, roaming losses and one-off effects in Austria in Q2 2019. Mobile service revenues fell 1.1 percent to EUR 509.5 million, while fixed service revenues increased 0.4 percent to EUR 430 million. The company expects an around 2 percent fall in revenues over the full year, assuming the impact from the coronavirus outbreak does not worsen.

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Categories: General
Companies: A1 Telekom Austria / Telekom Austria Group
Countries: Austria / Eastern Europe
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