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NextGenTel Q3 profits drop as revenue holds steady

Thursday 12 November 2015 | 12:26 CET | News
NextGenTel said revenue in the third quarter of 2015 slipped to NOK 309.2 million from NOK 316.6 million a year earlier. Gross profit declined to NOK 158.6 million from NOK 166.5 million and EBITDA fell to NOK 59.0 million from NOK 76.3 million. NextGenTel said the financial results for the quarter include NOK 1 million in costs related to strategy work and NOK 9.6 million in amortisation costs related to Telio’s acquisition of NextGenTel.

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Categories: Fixed
Companies: KPN / NextGenTel / Telenor Norway / Telio
Countries: Netherlands / Norway
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