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Ice reaches positive adjusted EBITDA in Q1, foresees H2 EBITDA breakeven

Thursday 14 May 2020 | 09:52 CET | News
Ice Group said it expects EBITDA break-even in the second half of 2020 after producing positive adjusted EBITDA for the first time in the first quarter, reaching NOK 4 million. Smartphone service revenues grew by 31 percent year on year to NOK 379 million and smartphone subscriptions were up 28 percent or 127,000 to 584,000. Its on-net traffic share continued to increase, too.

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Categories: Mobile & Wireless
Companies: Ice Group
Countries: Norway
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