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Wireless

Yoigo Q4 net sales fall 22%, improves margin

Thursday 29 January 2015 | 10:05 CET | News
Spanish mobile operator Yoigo reported another sharp quarterly drop of 21.9 percent in net sales to the equivalent of SEK 2.03 billion in the October-December period. The company's full year net sales fell by 24.1 percent to the equivalent of SEK 7.56 billion, compared to SEK 9.47 billion in 2013. Yoigo's parent company TeliaSonera attributed the reduced quarterly sales figure to continued ARPU erosion and plummeting revenue from the sale of equipment, which halved to SEK 559 million in the quarter due to lower gross intake of subscriptions, a changed handset financing scheme and a portfolio

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