Makedonski Telekom revenues down 13% to HUF 17 bln in Q2

News General North Macedonia 4 AUG 2011
Makedonski Telekom revenues down 13% to HUF 17 bln in Q2
Magyar Telekom's Macedonian subsidiary Makedonski Telekom saw its revenues decrease by 13.1 percent year-on-year to HUF 17 billion in the second quarter. The appreciation of the Hungarian forint (HUF) had a slight negative effect on revenue contribution (on average, the HUF strengthened by 2.7 percent against the MKD in the second quarter of 2011 compared with 2010). EBITDA was down 17.3 percent due to the intense competition on the mobile segment, resulting in significant pricing pressure and increasing le

Categories:

General

Companies:

Magyar Telekom,  Makedonski Telekom,  T-Mobile Macedonia

Countries:

North Macedonia

Tags:

Voice services, Data services, Sales figures, Financial figures, Internet Access

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