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General

Sunrise sees revenues up 2% in Q2, raises FY guidance

Thursday 23 August 2018 | 11:36 CET | News
Swiss operator Sunrise said revenues rose 2.0 percent in the second quarter of 2018 to CHF 462 million, driven by an increase in service revenues of 2.9 percent (IFRS 15: +2.8 percent) to CHF 375 million. Under the new accounting standards, revenues rose 2.1 percent and service revenue was up 2.8 percent. The company reported strong customer growth of 7.7 percent in mobile postpaid, 11 percent in internet and 22.3 percent in IPTV in the second quarter, while its mobile prepaid base shrank by 14.7 percent.

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Categories: General
Companies: Sunrise
Countries: Switzerland
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