0
General

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.



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Nos
Countries: Portugal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Last week in telecoms: sector slightly underperforms market, fibre joint ventures in focus

Published 12 Nov 2018 07:00 CET | Europe
The European telecoms sector slightly underperformed the general market in week 45. Our index ended the week up 0.3 percent, ...

Nos launches home network management app

Published 06 Nov 2018 16:48 CET | Portugal
Portuguese operator Nos has launched Nos Net, an application that allows users to manage and configure Nos Wi-Fi routers, even ...

Nos adds Mad Men to VoD service

Published 01 Nov 2018 14:18 CET | Portugal
AMC has partnered with Portuguese operator Nos to make the Mad Men TV series available on the Nos Play service by the end of the ...