Nos Q3 net profit rises 59%

Friday 9 November 2018 | 15:34 CET | News

Portuguese telecom operator Nos reported EUR 395.0 million in operating revenues for the third quarter of 2018, up 0.7 percent year on year. EBITDA rose 3.5 percent to EUR 156.2 million, giving an EBITDA margin of 39.5 percent (+1.1%). Telco revenues rose 0.9 percent to EUR 376.2 million. The group's net income reached EUR 42.7 million (+59.4%). 

Technical capex increased to EUR 50.6 million, mainly through investment in mobile and fixed network upgrades, while customer-related capex grew to EUR 42.7 million, led by additional commercial activity in new coverage areas.

Homes passed reached 4.25 million (+5.0%) and total RGUs amounted to 9.57 million (+2.2%). Of the total, mobile accounted for 4.77 million (+2.7%); pay-TV fixed access for 1.31 million (+1.9%); fixed voice for 1.77 million (+1.1%); and broadband for 1.37 million (+4.1%).

There were 759,900 convergent customers (+5.8%), accounting for 49.9 percent of fixed access customers. Of th total coverage, 888,000 households are already on FTTH and the remaining HFC households are 100 percent upgraded to Docsis 3.1. Residential ARPU was relatively stable at EUR 44.20 (-0.80%). In the mobile segment, the majority of new mobile customers are subscribing as postpaid, at 57 percent of the total base.

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Categories: General
Companies: Nos
Countries: Portugal
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