Crnogorski Telekom Q1 revenues down 5% to EUR 21.5 mln

Sunday 1 May 2016 | 00:48 CET | News
Montenegrin operator Crnogorski Telekom ended the first quarter of 2016 with net revenues of EUR 21.5 million, down 5 percent from the year before. Total revenues from services, retail and wholesale, were lower by EUR 1.5 million or 7 percent due to regulation effects and reduction of revenues in the mobile segment. EBITDA was EUR 0.6 million (-8%), while net profit was EUR 2.6 million, which is EUR 0.9 million less than in the same period in 2014.

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Categories: General
Companies: Crnogorski Telekom
Countries: Montenegro
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