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General

Tango's revenue drops 2.9% to EUR 34 million in Q4

Friday 24 February 2017 | 11:22 CET | News
Luxembourg fixed and mobile operator Tango reported a 2.9 percent drop in revenue for the fourth quarter to EUR 34 million, which compares with a 1.1 percent fall in the previous quarter. Performance continued to be negatively impacted by roaming price regulation, only partly offset by increased roaming usage, as well as by lower prepaid revenue, resulting from the ongoing deactivation of unregistered SIM cards (part of the country's anti-terrorism measures).

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Categories: General
Companies: Tango
Countries: Luxembourg
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