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General

Yoigo Q1 service revenues down 7.3%, improves EBITDA

Tuesday 21 April 2015 | 11:42 CET | News
Spanish mobile operator Yoigo reported a 7.3 percent fall in net sales to the equivalent of SEK 1.85 billion in first quarter of 2015, with its parent company TeliaSonera attributing the decline to lower voice and messaging revenues resulting from ongoing price erosion. However, the operator's EBITDA increased to SEK 93 million in the first quarter, compared to a negative SEK 84 million in Q1 2014, while its EBITDA margin improved to 5.0 percent from the year-earlier result of a negative 4.5 percent thanks to lower subsidies and commissions as well as cost saving activities. TeliaSonera also

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Categories: General
Companies: Telia / Yoigo
Countries: Spain
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