Eesti Telekom sees stable revenues in 2014

Estonian operator Eesti Telekom had revenues of SEK2.63 billion (USD318 million) in full-year 2014 according to its owner, Sweden-based TeliaSonera, a marginal increase from the SEK2.60 billion reported the year before. A decline in fixed revenues was offset by a rise in sales of mobile services, fuelled by increased mobile data usage. EBITDA, excluding non-recurring items, rose 0.7% to SEK855 million. Eesti Telekom claimed 873,000 mobile subscribers at the end of 2014, representing year-on-year growth of just 0.9%, while broadband user numbers were up by the same margin to 224,000. The fixed telephony base dropped 4.6% to 291,000.