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General

Spain's MasMovil triples FY revenues

Friday 28 April 2017 | 13:50 CET | News
Spanish telecommunications provider MasMovil has announced its first results since acquiring the operators Yoigo and Pepephone last year, posting full-year 2016 net revenues of EUR 401.0 million, compared to EUR 130.2 million in 2015. Full-year recurring EBITDA came to EUR 31.3 million on a reported basis compared to EUR 10.9 million year ago, with the company also reporting a net loss of EUR 58.1 million for the year compared to a EUR 1.5 million a year earlier, mostly attributed to EUR 101 million of capex focused on the continued rollout of its 4G and fibre networks. The acquisition of

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Categories: General
Companies: Masmovil / Orange / Pepephone / Telefonica / Yoigo
Countries: Spain
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