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Telxius revenues up 30% in Q3 on Brusa cable capacity sale

Wednesday 31 October 2018 | 13:43 CET | News
Telefonica's infrastructure subsidiary Telxius reported third-quarter revenues up 30.6 percent from a year earlier to EUR 231 million thanks above all to a one-off sale of capacity related to its Brusa (Brazil-Puerto Rico-US) cable, which is now ready for service. The company's tower revenues grew 11.8 percent year on year to EUR 85 million while cable revenues soared by 50.1 percent to EUR 149 million due to the Brusa transaction. Operating income before depreciation and amortisation (OIBDA) came in at EUR 107 million, up 30.9 percent year on year, while the margin fell 0.6 of a percentage

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