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Wireless

Yoigo net sales jump 33% in Q2

Wednesday 20 July 2011 | 12:17 CET | News
Spanish mobile operator Yoigo reached a positive EBITDA of SEK 103 in this year's second quarter, compared to an EBITDA loss of SEK 121 million in the year-earlier period. The improvement was mainly due to higher revenues and an increased share of traffic in the operator's own network. EBITDA margin stood at 5.5 percent in the second quarter. Net sales in local currency jumped 33 percent in the quarter, to the equivalent of SEK 1.88 billion, despite the weak macroeconomic situation in the country. The increase in net sales was mainly driven by higher voice revenues as a result of the strong

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Categories: Mobile & Wireless
Companies: Telia / Yoigo
Countries: Spain
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