Yoigo net sales rise 39% in Q1

Tuesday 19 April 2011 | 11:01 CET | News
Spanish mobile operator Yoigo delivered a positive result for the second consecutive quarter and the EBITDA improved to SEK 37 million compared to a loss of SEK 267 million in the first quarter of 2010. The improvement was due to higher revenues and an increased share of traffic in Yoigo's own network as well as a higher share of postpaid subscriptions. Net sales in local currency jumped by 39 percent year-on-year to the equivalent of SEK 1.561 billion, from SEK 1.261 billion in the first quarter of 2010. The growth was mainly due to higher voice revenues as a result of strong subscription

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Categories: Mobile & Wireless
Companies: Yoigo
Countries: Spain
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