0
Broadband

Forthnet revenues fall 8% in 2019, customer base down over 1%

Friday 1 May 2020 | 09:24 CET | News
Greek operator Forthnet reported a further drop in results for 2019. Revenues fell 7.9 percent to EUR 262.8 million, and EBITDA was down to EUR 36.4 million from EUR 42.3 million in 2018. Excluding the sale of its unit Forthnet CRS, revenues fell 5.9 percent and EBITDA was down 8.6 percent.

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.

Subscriptions

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: Fixed
Companies: Forthnet
Countries: Greece
::: 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.


Related

United builds up 33% stake in Forthnet

Published 26 Oct 2020 13:11 CET | Greece
Greek operator Forthnet said that the United group has built up an over 33 percent stake in the company following the group's ...

Forthnet's revenues down 6% to EUR 125 mln in H1

Published 30 Sep 2020 09:57 CET | Greece
Greek operator Forthnet said its revenues for H1 decreased by 6.2 percent year-on-year to reach EUR 125.2 million. The decrease ...

Nova supports subscribers affected by cyclone

Published 22 Sep 2020 08:51 CET | Greece
Forthnet's Nova is backing subscribers in Zakynthos, Ithaca, Karditsa, Cephalonia, Magnesia and Phthiotis as a result of the ...

EC approves acquisition of Forthnet by United Group

Published 18 Aug 2020 10:58 CET | Greece
The European Commission approved the acquisition of Greek operator Forthnet by United Group. The EC concluded that the proposed ...

United Group expands to Greece with stake in Forthnet

Published 01 Jun 2020 08:09 CET | Greece
United Group, the cable and media operator in South Eastern Europe, has agreed to acquire the debt and a significant minority ...

Summary of international coronavirus-related telecoms and media news - week 18

Published 04 May 2020 08:51 CET | World
Telecom traffic: Reports of traffic sharply up are still coming in. The OECD and BEREC provided their periodic assessments....

BC Partners set to acquire Forthnet - report

Published 28 Apr 2020 15:38 CET | Greece
Greek telecommunication company Forthnet's creditors entered into exclusive negotiations with BC Partners after its subsidiary ...

Forthnet revenues fall 7.5% to EUR 133.5 mln in H1

Published 27 Sep 2019 09:24 CET | Greece
Forthnet saw its revenues for H1 fall 7.5 percent year-on-year to EUR 133.5 million, mainly due to the decrease in its retail ...

Forthnet enters MVNO deal with Vodafone Greece

Published 28 Jun 2019 08:32 CET | Greece
Greek operator Forthnet entered into a MVNO agreement with Vodafone Greece. Forthnet will have wholesale access to Vodafone's ...

Forthnet revenues slide 4% to EUR 285 mln in 2018

Published 26 Apr 2019 06:39 CET | Greece
Forthnet saw its total revenues for 2018 fall 4 percent to EUR 285.2 million in 2018. Revenue from advertising improved by 14.0 ...





Calendar   /   Industry Events

01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
01 Dec 5G Italy
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
07 Dec Report: Dutch Mobile Operators 2020-Q3
07 Dec Report: Dutch Broadband 2020-Q3
08 Dec WebexOne
::: More Calendar Items