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Broadband

Verizon Netherlands revenues decrease 5.7%, net profit down 20%

Friday 11 August 2017 | 13:51 CET | News
Verizon Netherlands reports revenues of EUR 143.2 million for 2016, 5.7 percent less than in 2015. The decrease is caused by lower revenues from network services and the strategic decision to leave the wholesale voice market, according to Verizon Netherlands annual report for 2016, which was recently deposited at the Dutch Chamber of Commerce. Verizon's Dutch EBITDA dropped by 8.2 percent during 2016 to EUR 26.4 million and in the same period the net profit decreased by more than 20 percent to EUR 9 million.

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Categories: Fixed
Companies: Verizon
Countries: Netherlands
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