A1 Telekom revenue decline slows in Q4

Wednesday 11 February 2015 | 10:45 CET | News
A1 Telekom Austria saw its fourth-quarter revenues decline by 2.2 percent compared with the previous year, due to negative effects from the introduction of a new fixed-line billing system. It was able to reduce the ongoing decline in revenue as the regression in monthly fee and traffic revenues slowed considerably. As a result of the slowdown in revenue decline and successful cost-cutting efforts, EBITDA comparable rose 6.9 percent year-on-year to EUR 153.8 million. However, restructring costs of EUR 77.5 million for personnel reductions meant A1 had an EBIT loss of EUR 51.2 million versus a

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Categories: General
Companies: A1 Telekom Austria
Countries: Austria
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