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Teracom Q1 operating income falls 2% as pay-TV and private mobile revenue decline

Thursday 22 April 2021 | 14:54 CET | News
Swedish operator Teracom Samhallsnat has reported a 2 percent decline in first quarter operating income to SEK 324 million from SEK 329 million a year earlier, mostly because of lower revenue from pay-TV and private mobile customers, as well as high costs for new commissions. Operating profit dropped by 44 percent to SEK 14 million from SEK 25 million and pretax profit from continuing operations fell to SEK 15 million from SEK 22 million.

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Teracom
Countries: Sweden
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