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Broadband

NextGenTel loses customers in Q1, aims to raise prices

Thursday 28 April 2016 | 11:52 CET | News
Update: 29 April 2016 | 11:35 CET
NextGenTel said that revenues in the first quarter of 2016 rose to NOK 344.1 million from NOK 311.9 million a year earlier. Gross profit was increased to NOK 163.6 million from NOK 158.4 million but EBITDA declined to NOK 54.5 million from NOK 64.2 million. The company said a decline in the customer base has affected revenues negatively and high-margin revenues are being replaced by lower-margin revenues.

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[29/04/2016 11:35- Update: Added Dutch customer numbers]


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Categories: Fixed
Companies: NextGenTel
Countries: Netherlands / Norway
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