Yoigo net sales rise 25.4 % in Q1

Thursday 19 April 2012 | 10:24 CET | News
Spanish mobile operator Yoigo's net sales in local currency jumped by 25.4 percent year-on-year to the equivalent of SEK 1.954 billion, from SEK 1.561 billion in the first quarter of 2011. The growth was mainly due to the increased number of subscriptions, parent company Teliasonera reports. The operator added 700,000 subscribers in the period, bringing the total customers base at 3.2 million at end-March. EBITDA declined to SEK 33 million from SEK 37 million in the first quarter of 2011. EBITDA margin stood at 1.7 percent in the quarter, down from 2.4 in March 2011. Competition in the

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