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General

Sunrise revenues drop 3.3%, net profit grows

Thursday 11 May 2017 | 13:30 CET | News
Swiss fixed and mobile operator Sunrise reports CHF 431 million in revenues for the first quarter, down by 3.3 percent year-on-year mainly due to the decrease in MTR fees per 1 January of this year. Without the MTR decrease, Sunrise revenues would have dropped by only 1 percent year-on-year. The quarterly EBITDA grew by 1.4 percent year-on-year to CHF 141 million and Sunrise's net profit improved by almost 90 percent year-on-year to CHF 13 million for the first quarter. Sunrise mobile customer base grew by 0.1 percent year-on-year to 2.4 million on 31 March, driven by 6.2 percent more

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Categories: General
Companies: Sunrise
Countries: Switzerland
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