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Telxius revenues up 11% to EUR 182 mln in Q2

Thursday 27 July 2017 | 12:15 CET | News
Telefonica's infrastructure subsidiary Telxius reported a year on year organic revenue rise of 11.4 percent to EUR 182 million in the second quarter, with operating income before depreciation and amortisation (OIBDA) coming in at EUR 87 million, up 7.9 percent, and the OIBDA margin at 47.9 percent. Telefonica said the solid results of unit were driven by new tower lease contracts and by adjustments in pass-through revenues and costs affecting the second quarter of 2016, which also reflected the cancellation of IRU contracts in the cable business.

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Categories: Fixed
Companies: Telefonica / Telxius
Countries: Spain / World
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