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Broadband

NextGenTel suffers drop in Q1 revenue, profit, customers

Friday 5 May 2017 | 13:06 CET | News
NextGenTel said that revenue in the first quarter of 2017 fell to NOK 318.3 million from NOK 344.1 million a year earlier, with gross profit declining to NOK 143.2 million from NOK 163.6 million and EBITDA falling to NOK 48.2 million from NOK 54.5 million. The company had a NOK 0.01 loss per share. The customer base in Norway shrank to 270,500 on 31 March from 277,300 on 31 December 2016.

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Categories: Fixed
Companies: NextGenTel
Countries: Norway
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