Magenta Telekom grows revenues, customer numbers in Q1

Wednesday 12 May 2021 | 17:08 CET | News
Magenta Telekom said revenue grew by 4 percent year-on-year in the first quarter to EUR 325.8 million. The strong demand for internet products, couple with high demand for 5G smartphones and growth in the wholesale segment offset the decline in revenue at the roaming business. Adjusted EBITDA AL increased by 2 percent to EUR 125.4 million. Investments went up meanwhile by 15 percent to EUR 49.7 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: Magenta Telekom
Countries: Austria
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a 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.


Magenta Telekom operates first 5G site in 700 MHz band

Published 11 May 2021 15:19 CET | Austria
Magenta Telekom said it has started to operate a 5G site in the new 700 MHz frequency band. The low spectrum enables optimal ...

Magenta Telekom upgrades programme descriptions for Magenta TV from mid-March

Published 10 Mar 2021 09:43 CET | Austria
Magenta Telekom said that it will update the programme descriptions provided for Magenta TV from mid-March. Metadata give ...

Magenta Telekom sees 200% increase in internet telephony, video conferencing use in 2020

Published 01 Mar 2021 10:01 CET | Austria
Magenta Telekom recorded a 200 percent increase in internet telephony and video conferencing use in 2020 thanks to the shift to ...

Magenta Telekom lifts FY revenues, EBITDA, mobile customers

Published 26 Feb 2021 10:21 CET | Austria
Magenta Telekom recorded a 2 percent increase in revenues year-on-year in 2020 to EUR 1.30 billion. EBITDA AL rose by 6.2 percent ...