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Broadband

Tele Columbus maintains outlook as customer losses continue in Q3

Thursday 29 November 2018 | 10:34 CET | News
German cable operator Tele Columbus maintained its outlook for full-year results after reporting higher revenues, lower adjusted EBITDA and fewer customers for the third quarter. Revenues rose 3.6 percent year-on-year to EUR 127.7 million, driven by expansion in the B2B segment and network services, while adjusted EBITDA fell 14.1 percent to EUR 58.6 million, hurt by extra costs for its continued integration and upgrade efforts. The company still expects stable revenues and adjusted EBITDA of at least EUR 235 million over the full year, after the downgrade in its forecast in August. 

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Categories: Fixed
Companies: Tele Columbus
Countries: Germany
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