Crnogorski Telekom sees 1.2% drop in 2018 revenues, EBITDA up 6.5%

Monday 18 February 2019 | 11:15 CET | News
Montenegrin operator Crnogorski Telekom ended 2018 with total revenues of EUR 84 million, down by 1.2 percent on the previous year, with the rise in retail revenues offset by a decline in wholesale revenues. EBITDA improved 6.5 percent to EUR 31.4 million, and net profit reached EUR 7.3 million, up by EUR 2.1 million. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Crnogorski Telekom
Countries: Montenegro
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Crnogorski Telekom revenues down 2.2% in Q1

Published 25 Apr 2019 12:23 CET | Montenegro
Montenegro's Crnogorski Telekom reported total revenues in the first quarter down 2.2 percent to EUR 19 million, and EBITDA fell ...

Crnogorski Telekom sets new speed record on mobile network

Published 25 Mar 2019 16:42 CET | Montenegro
Montenegro's Crnogorski Telekom said it achieved a speed of 925 Mbps on its mobile network, twice as high as the previously ...

Last week in telecoms: tower companies in focus on Italian consolidation, Liberty Global among biggest winners YTD

Published 25 Feb 2019 11:00 CET | Europe
Inwit, an Italian tower company with a market capitalisation of EUR 4.9 billion, was at the centre of corporate actions, last ...

Deutsche Telekom raises dividend 8% as US fuels growth in Q4, 2018

Published 21 Feb 2019 08:24 CET | Germany
Deutsche Telekom announced an 8 percent increase in its annual dividend, after meeting its improved outlook for full-year results ...

Hrvatski Telekom raises dividend after 23% growth in net profit for 2018

Published 18 Feb 2019 10:48 CET | Croatia (Hrvatska)
Croatian operator Hrvatski Telekom ended 2018 with revenue of HRK 7.8 billion, up 0.4 percent year-on-year in line with its ...

Montenegro ends 2018 with 1.13 mln mobile users

Published 23 Jan 2019 16:43 CET | Montenegro
Montenegro ended 2018 with 1.13 million mobile telephony users, corresponding to a penetration rate of 182.96 percent. Compared ...

Crnogorski Telekom gets new CEO

Published 22 Jan 2019 13:48 CET | Montenegro
The executive director of Montenegrin operator Crnogorski Telekom, Nikola Ljusev, will leave the company on 17 February. He will ...

Crnogorski Telekom offers 100 GB monthly subscription with year's free use of HBO Go

Published 17 Jan 2019 13:06 CET | Montenegro
Montenegro's Crnogorski Telekom has introduced Libero Plus M2, a new package with 100 GB of data per month for tablets and PCs ...

Crnogorski Telekom doubles internet traffic, SMS for holidays

Published 05 Dec 2018 14:48 CET | Montenegro
To mark the upcoming holidays, Montenegro's Crnogorski Telekom has prepared special benefits for prepaid users, with all Monter ...

Crnogorski Telekom offers data, call bonuses for new subscribers

Published 27 Nov 2018 15:22 CET | Montenegro
Montenegrin operator Crnogorski Telekom has prepared special benefits for new postpaid, fixed telephony, fixed internet and IPTV ...

Crnogorski Telekom reports higher EBITDA on stable revenues in 9 mths

Published 31 Oct 2018 10:46 CET | Montenegro
Montenegrin operator Crnogorski Telekom reported total revenue of EUR 64 million in the first nine months of 2018, stable ...