Positive results at Telekom

14 Nov 2006

Telekom Austria reports that revenues for the first nine months of 2006 rose 11.4% year-on-year to EUR3.56 billion, while operating profit was up 24.2% to EUR695.7 million. EBITDA increased 11.2% to EUR1.53 billion and net profit rose 34.7% to EUR498.5 million. The growth was attributed in part to the acquisition last year of Bulgaria’s largest cellular operator, Mobiltel. Telekom expects full-year revenues to be up by around 5% on the 2005 level. The group’s mobile operations contributed more than 60% of total sales, rising 21.9% to EUR2.17 billion. Revenues at the fixed line division fell 0.5% to EUR1.58 billion. Telekom had 9.78 million cellular customers in Austria, Bulgaria, Croatia and Slovenia at the end of September.

Austria, A1 Telekom Austria Group