Telekom Austria: wireless up, wireline stable

6 Mar 2007

Telekom Austria says income from its internet and data operations helped offset a decline in voice telephony to stabilise fixed line revenues in 2006. The wireline unit reported full-year sales of EUR2.12 billion, unchanged from the year before, while operating income was up 36.3%.at EUR92.8 million due to lower depreciation and amortisation charges. The number of fixed access lines dropped by 5.7% to 2.64 million, although ADSL connections were up by 20.8% year-on-year to 693,600 at the end of December.

Revenues at the Mobilkom wireless segment grew 16.8% to EUR2.90 billion, boosted by the addition of newly acquired operations in Bulgaria and continued organic growth. The firm had 10.23 million subscribers at the end of December – up 14.2% from twelve months earlier – of which 3.63 million were in Austria, 4.27 million in Bulgaria, 1.91 million in Croatia and 420,900 in Slovenia.

Overall, the entire Telekom Austria group reported revenues of EUR4.76 billion in 2006, up from EUR4.37 billion the previous year. Operating income climbed from EUR620 million to EUR772 million, while net income increased 37.4% to EUR562 million. Net debt was up by 1.8% at EUR3.17 billion following the acquisition of a new mobile licence in Serbia.

Austria, A1 Telekom Austria, A1 Telekom Austria Group