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General

Spain's Telecable reports sales up 1.5% to EUR 34 mln in Q3

Monday 21 November 2016 | 08:39 CET | News
Spanish broadband operator Telecable, present in Asturias, reported revenues of EUR 34.2 million in the third quarter, up 1.5 percent year on year but down on the annual 5.7 percent and 3.1 percent annual rises reported in the previous two quarters. UK-based investment vehicle Zegona, which acquired the operator last year, said Telecable managed to improve on a strong Q3 2015 performance, with consumer ARPU up 3.6 percent to EUR 60. Third-quarter EBITDA was down 1.3 percent year on year to EUR 16.0 million due to incremental investment in football-related offers, while cash flow grew 5.1

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Categories: General
Companies: Telecable / Telefonica
Countries: Spain
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