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Tele Columbus posts Q4 loss of EUR 137 million after writedown of TV business

Friday 29 March 2019 | 09:17 CET | News
German cable operator Tele Columbus saw its net loss widen to EUR 137 million in the fourth quarter from EUR 10 million a year ago after an impairment charge of 124 million to writedown the long-term prospects for its TV activities. Revenues dipped 0.4 percent to EUR 126.6 million, and adjusted EBITDA fell 18.2 percent to EUR 59.3 million. 

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Categories: Fixed
Companies: Tele Columbus
Countries: Germany
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