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General

Wind revenues drop 10% in Q4, EBITDA margin improves

Thursday 6 March 2014 | 09:30 CET | News
The fourth-quarter revenues of Italian operator Wind Telecomunicazioni were down 10 percent year-on-year to EUR 1.24 billion, which the company attributed to intense competition in the sector and the lingering effects of cuts to mobile termination rates (MTR). Excluding the MTR impact, revenues declined 5 percent year-on-year. EBITDA fell 3 percent to EUR 500 million, mainly due to cost saving measures, but the operator's EBITDA margin improved 2.9 percent to 40.4 percent. Fourth-quarter CAPEX dropped to EUR 291 million from EUR 342 million a year earlier, which the company blamed on

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Categories: General
Companies: Wind
Countries: Italy
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