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General

Turk Telekom revenues increase 17% to TRY 6.3 bln in Q1

Thursday 14 May 2020 | 11:23 CET | News
Turk Telekom saw its revenues increase 16.6 percent year-on-year in Q1 to TRY 6.3 billion. Excluding the IFRIC 12 accounting impact, revenue growth was 13.4 percent year-on-year. EBITDA grew by 12.1 percent year-on-year to TRY 3.0 billion, with an EBITDA margin of 47.2 percent, and the margin was 48.9 percent excluding the accounting effect. The operator said it was bringing forward some capital investment to meet the growing demand for broadband services. 

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Categories: General
Companies: Turk Telekom
Countries: Turkey
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