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General

Ono revenues plummet 8.3% in Q3, adds 105,000 services

Thursday 6 November 2014 | 08:38 CET | News
Spanish cable operator Ono, which is now a Vodafone company, reported a 8.3 percent year-on-year fall in net revenues to EUR 352 million in the third quarter of 2014. Net profit plummeted to a negative EUR 223 million, down from a positive EUR 5 million posted a year earlier, while EBITDA came in at EUR 159 million, a 7.6 percent decline compared with the same period of 2013. Capex for the quarter was EUR 82 million, up EUR 20 million on the year-earlier period. In spite of the disappointing financial results, which the operator attributed to tough market competition on the back of

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Categories: General
Companies: Ono / TiVo / Vodafone
Countries: Spain
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