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Tele Columbus revenues up 38% after Primacom takeover

Thursday 12 November 2015 | 10:13 CET | News
Tele Columbus has published for the first time consolidated results of the combined Tele Columbus and Primacom Group following the acquisition of PrimaCom. In the third quarter, including the Primacom results for August and September, Tele Columbus reached revenues of EUR 73.9 million, up 37.9 percent from a year earlier. In the same period, normalised EBITDA rose 43.3 percent to EUR 36.9 million, resulting in a margin of 49.9 percent. In total, Tele Columbus Group spent EUR 21.0 million capital expenditures in the third quarter, mainly for network upgrades and customer projects. On 30

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Categories: Fixed
Companies: PrimaCom / Tele Columbus
Countries: Germany
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