Slovak Telekom’s revenues climb 3.7%

11 May 2009

Slovak Telecom reported a year-on-year increase of 3.7% in its first-quarter 2009 revenues, to EUR113 million (USD154 million), whilst adjusted EBITDA grew by 2.3% to EUR44 million. In the three months ended 31 March, the Deutsche Telekom subsidiary’s number of broadband lines in service increased by 24.5% y-o-y to 356,000, whilst its total fixed lines rose 3.4% to 1.12 million, although the latter figure was down 0.3% quarter-on-quarter. Cellular arm T-Mobile Slovensko had a total of 2.331 million customers at the end of 1Q 2009, down slightly from 2.335 million a year earlier, after losing a net 16,000 subscribers in the quarter. Despite the customer base stagnation, the Slovakian cellco’s turnover rose 9.4% on an annual basis to EUR140 million, driven by non-voice services growth, whilst EBITDA grew by 11.5% to EUR68 million, and monthly ARPU increased by 11.8% to EUR19.