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Tele Columbus revenues up 3.3% in 2014

Tuesday 3 March 2015 | 17:18 CET | News
German cable network operator Tele Columbus Group said it had a strong year in 2014. The company reported preliminary revenues up 3.3 percent year-on-year to EUR 213.0 million. Normalised EBITDA grew 12.3 percent to EUR 98.9 million. Operating margin improved to 46.5 percent of revenue compared to 42.7 percent the year before. Capex rose 63.2 percent to EUR 84.1 million. The company attributed its strong performance, particulary in Internet RGUs, mainly to its high performance network and the company's success in selling new products to existing customers, namely tablet computers, and triple

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Categories: Fixed
Companies: Tele Columbus
Countries: Germany
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