Magyar Telekom's revenues up 6.5% to HUF 149.6 bln in Q1

Wednesday 9 May 2018 | 09:06 CET | News
Magyar Telekom saw its total revenues, excluding the impact of IFRS 15 adoption, increase 6.5 percent year-on-year to HUF 149.6 billion in Q1, largely driven by mobile data and equipment sales, as well as System Integration and IT revenue growth. The adoption of IFRS 15 resulted in additional HUF 1.0 billion revenue in Q1. Mobile revenues (excluding IFRS 15 impacts) increased 4.6 percent year-on-year to HUF 77.7 billion in Q1, thanks to higher revenues across all service lines. Fixed line revenues (excluding IFRS 15 impacts) were 7.6 percent higher year-on-year at HUF 51.2 billion in Q1.

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: Magyar Telekom
Countries: Hungary
::: add a comment
This article is part of dossier


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.


Magyar Telekom revenues up 9% to HUF 167.7 bln in Q2

Published 09 Aug 2018 17:12 CET | Hungary
Magyar Telekom's total revenues (excluding the impact of IFRS 15 adoption) increased by 9.2 percent year-on-year to HUF 167.7 ...

Makedonski Telekom Q1 revenues up 2.6%, EBITDA grows 11%

Published 10 May 2018 11:13 CET | North Macedonia
Makedonski Telekom ended the first quarter of 2018 with total revenues of HUF 12.7 billion, up 2.6 percent year-on-year, largely ...

Deutsche Telekom ups FY EBITDA outlook after underlying growth in Q1

Published 09 May 2018 08:02 CET | Europe
Deutsche Telekom reported revenues down 3.9 percent year-on-year to EUR 17.92 billion in the first quarter, and adjusted EBITDA ...

Magyar Telekom renews Magenta1 package

Published 02 May 2018 19:16 CET | Hungary
Magyar Telekom renewed its Magenta1 discount package by adding more features from the beginning of May. The mobile internet ...

Crnogorski Telekom Q1 revenues down 2% to EUR 19.4 million

Published 25 Apr 2018 13:46 CET | Montenegro
The operator had 348,000 active Sim cards at the end of the quarter, which is 5,000 less than in Q1 2017. The postpaid base ...

Magyar Telekom CEO resigns, fixed CCO Rekasi to take over

Published 25 Apr 2018 10:21 CET | Hungary
Hungarian operator Magyar Telekom has announced that its CEO Christopher Mattheisen, at his request, will leave the company and ...

Makedonski Telekom to pay out full net profit as dividend

Published 17 Apr 2018 10:31 CET | North Macedonia
Hungarian operator Magyar Telekom announced that its subsidiary Makedonski Telekom has decided at its shareholders assembly on a ...

Magyar Telekom revenues increase 6.3% in Q4 to HUF 161.4 bln

Published 22 Feb 2018 14:21 CET | Hungary
Magyar Telekom saw its total revenues for Q4 2017 increase by 6.3 percent year-on-year to HUF 161.4 billion, attributable to the ...