Sunrise results lower in Q4, sees further drop in 2017

Thursday 2 March 2017 | 14:19 CET | News
Sunrise has seen reduced revenue and EBITDA in Q4 2016 compared to the year prior as the telephony service sector weakened. In its full year 2016 results, Sunrise announced its revenue for Q4 came to CHF 501 million, down 2 percent from CHF 512 million in the same quarter 2015. Similarly, EBITDA in the last quarter came to CHF 155 million, down 6 percent from CHF 166 million the year prior. The greatest drops in revenue were in the telephony sector. Mobile service revenue for Q4 2016 was CHF 331 million, a drop of 2 percent on CHF 338 million in Q4 2015. Landline voice revenue also fell from

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Categories: General
Companies: Sunrise
Countries: Switzerland
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