Zon revenues dip slightly in 1H13

26 Jul 2013

Portuguese cableco Zon Multimedia has reported operating revenues of EUR425 million (USD561.6 million) for the six months ended 30 June 2013, down 0.8% year-on-year. EBITDA increased 3.2% to EUR163.6 million while net income grew 21.6% to EUR24.4 million. CAPEX for the first six months of 2013 was reported at EUR55.8 million, a decline of 2.6% on an annualised basis. In operational terms Zon claimed 1.543 million broadband subscribers, down 2.7% y-o-y. However, of this figure 786,100 were said to be triple-play customers, compared to 730,900 in the year-ago period.

Portugal, Nos