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General

Tango grows revenues 8.4% to EUR 107 mln in 2011

Tuesday 6 March 2012 | 10:59 CET | News
Luxembourg operator Tango reported revenues up 8.4 percent to EUR 107 million in 2011, mainly thanks to the success of mobile subscriptions for iPhones, backed up by the launch of the iPhone 4S. ARPU grew 8.2 percent from EUR 26 per month in 2010 to EUR 28.10 at the end of 2011. In the fourth quarter, revenues grew by 12.6 percent to EUR 28 million, due to the strong smartphone sales, especially iPhones, and the continuing migration from prepaid to pospaid. The company gained over 4,000 customers in the fourth quarter of last year taking the total to 264,000. Triple-play customer growth

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Categories: General
Companies: Tango
Countries: Luxembourg
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