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Wireless

Teracom Q3 operating revenue drops 5% as pay-TV income falls

Monday 25 October 2021 | 12:57 CET | News
Swedish operator Teracom Samhallsnat has reported a 5 percent decline in operating revenue in the third quarter of 2021 to SEK 318 million from SEK 335 million a year earlier, mostly caused by falling pay-TV income. There was a 23 percent drop in its operating profit to SEK 47 million from SEK 61 mln in Q3 2020, mostly because of the service mix, with higher costs because of several Rakel commissions and higher staffing for new contracts.

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