Cabovisao Q3 revenue down 11% to EUR 47 million

Monday 17 November 2014 | 11:00 CET | News
Portuguese cable operator Cabovisao saw third-quarter revenue decline by 11 percent to EUR 46.6 million, reflecting a 6.5 percent decline in cable revenue to EUR 25 million and a 16 percent decline in B2B and other revenue to EUR 22 million, according to results published by parent Altice. The decrease in B2B and other revenue in Portugal was primarily due to the loss of and reduced activity at certain business clients, some contract renewals at lower prices and the impact of lower regulated termination rates. EBITDA was up 12 percent to EUR 14.4 million, and the EBITDA margin expanded from

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Categories: Fixed
Companies: Altice Europe / Cabovisao / Oni
Countries: Portugal
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