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Wireless

Freenet Q4 revenue climbs as new TV business expands

Friday 3 March 2017 | 10:58 CET | News
German mobile and media provider Freenet has reported rises in revenue and EBITDA in Q4 2016 over the year prior, with the company pointing to the strength of its TV and media business. The Freenet Group reported revenues of EUR 938 million in the fourth quarter, up 13 percent from EUR 827 million in Q4 15. EBITDA was similarly strong, coming in at EUR 253 million, a 14 percent increase on Q4 15. Within the mobile business, the customer ownership base increased steadily over the year, rising by 60,000 from Q3 to Q4 16 to a total of 9.53 million.

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Freenet
Countries: Germany
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