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General

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.

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Categories: General
Companies: Magyar Telekom
Countries: Hungary
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