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Telekom Austria growth continues

April 24, 2017 22.19 Europe/London By Chris Dziadul

Telekom Austria Group ended the first quarter with 478,300 pay-TV subscribers in Bulgaria, a 2.5% increase on the same period in 2016.

Meanwhile, in Croatia it saw its pay-TV subscriber total grow by 6.1% to 206,100.

In other CEE markets, it ended Q1 with 53,400 (+25.4%) pay-TV subscribers in Slovenia and 123,900 (-1.9%) in Macedonia.

In Belarus, where it entered the pay-TV market in late 2016, it had 148,000 pay-TV subscribers in Q1, while in Austria its pay-TV subscriber total stood at 290,100 (+6%) at the end of the first quarter.

Telekom Austria Group had total revenues of €1,058.9 million (+4.9%) in Q1. EBITDA amounted to €339.5 million (+1.5%) and net result €96.5 million (+20.7%).

Commenting on the results, Alejandro Plater, CEO & COO Telekom Austria Group, said: “We are continuing our growth path. In addition, we are accelerating our investments in infrastructure and innovation, as shown with the establishment of A1 Digital. All our figures on group level show an upward trend. We saw an increase in revenues by 4.9% as well as a growing net result of 19%.

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Related

Filed Under: Central & East Europe, Newsline Tagged With: Telekom Austria Edited: April 24, 2017 22:19

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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