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General

Ecotel revenues drop to EUR 26.9 million

Thursday 11 May 2017 | 17:14 CET | News
German telecom service provider Ecotel revenues decreased by EUR 3 million year-on-year to EUR 26.9 million for the first quarter. The company's core segment Business Customers (B2B) revenue increased by EUR 200,000 to EUR 11.6 million and the New Business segment revenues were stable at EUR 4.3 million. This was not enough to offset a decrease of EUR 3.3 million in wholesale revenues. The EBITDA dropped by EUR 100,000 to EUR 1.8 million due to higher investments for the transfer to all IP. Following the successful first quarter Ecotel's board has increased its EBITDA forecast for the full

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Categories: General
Companies: Ecotel
Countries: Germany
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