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General

Yoigo Q1 sales fall 16.9%, adds 128,000 users

Wednesday 23 April 2014 | 11:27 CET | News
Spanish mobile operator Yoigo reported a sharp drop in its net sales in local currency of 16.9 percent to the equivalent of SEK 1.94 billion in the first quarter of 2014. Yoigo's parent company TeliaSonera attributed the decline to reduced equipment sales, which it said accounted for three-quarters of the fall, with lower interconnect revenues accounting for the remaining part. The operator's EBITDA margin declined to a negative 4.3 percent, versus a positive 4 percent in the same quarter of 2013, explained by higher subscriber acquisition costs in what remained a highly challenging

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Categories: General
Companies: Telia / Yoigo
Countries: Spain
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