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General

Post Luxembourg's telecom division posts stable revenue in 2018

Wednesday 22 May 2019 | 11:02 CET | News
Post Luxembourg said that its telecom/ICT operations generated revenues of EUR 450.6 million in 2018, unchanged from the previous year (+5% in 2017). The stable performance reflected the negative impact of the roam-like-home regulation and shrinking fixed telephony usage, offset by growth in broadband and passive infrastructure revenues. Lower costs resulted in an improvement in the telecom/ICT contribution to the group's profitability, said the company.

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Categories: General
Companies: Post Luxembourg
Countries: Luxembourg
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