Yoigo net sales jump 71.5% in Q1

Tuesday 20 April 2010 | 09:35 CET | News
Spanish mobile operator Yoigo saw its EBITDA loss narrow during the first quarter to SEK 267 million, versus SEK 340 in the year-earlier period. However, the EBITDA loss increased sequentially from SEK 119 million in the fourth quarter of 2009. The widened loss was mainly due to increased subscriber acquisition costs as a result of higher subscription gross addition and an increasing share of post-paid subscriptions. Yoigo expects to become EBITDA positive in the fourth quarter of 2010. Net sales in local currency jumped by 71.5 percent versus the first quarter of 2009. The growth was mainly

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