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Wireless

Yoigo's growth stalls with 1.1% rise in net sales in Q3

Thursday 17 October 2013 | 12:52 CET | News
Spanish mobile operator Yoigo reported a third-quarter net sales increase in local currency of 1.1 percent to the equivalent of SEK 2.40 billion. This represents a significant slowdown compared to previous reported growths, which include a 21.2 percent jump in the 2012 third-quarter results. Yoigo's parent company Teliasonera attributes the minimal rise to major reductions in regulated interconnect rates and higher pressure on voice revenues. It added that the competitive environment in Spain is "challenging" and that churn increased in the quarter. Yoigo's overall number of customers

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