Dividend up at Telekom

19 Nov 2004

Telekom Austria has reported a 2.6% increase in its third quarter revenues and a 13.5% rise in operating income. Sales stood at EUR1.05 billion in the three months to the end of September, up from EUR1.02 billion in the same period last year, while profits rose from EUR151.4 million to EUR171.8 million. The company has promised to pay a quarterly dividend of at least EUR0.21, up from EUR0.13 last year.

Telekom says an increase in wholesale revenues helped boost quarterly operating income from wireline services by 77% to EUR38.8 million, although revenues fell slightly to EUR546.4 million. The number of access lines in service fell by 3.4% to 2.93 million in the twelve months to the end of September, while the number of ADSL connections rose from 232,500 to 338,000.

The telco’s wireless division was spurred by continued subscriber additions, stronger roaming revenues and increased data usage, with third-quarter operating revenues up 5% to EUR563.9 million. The total number of mobile subscribers rose 4.1% to 4.82 million, with 3.19 million of these at mobilkom (Austria), 1.26 million at VIPnet in Croatia and 363,000 at Si.mobil of Slovenia. Data services now account for 14.3% of wireless traffic-related revenues compared to 13% in the third quarter of 2003.

Austria, A1 Telekom Austria Group