Drillisch MVNO customer base grows 13% to 1.93m

3 Mar 2015

German mobile service provider Drillisch has announced its preliminary results for the twelve months ended 31 December 2014, reporting revenue of EUR289.6 million (USD324.1 million) a slight decrease of 0.3% from EUR290.5 million in the previous year. Service revenue grew by 2.7% from EUR277.2 million in 2013 to EUR284.6 million twelve months later. Drillisch said that consolidated EBITDA increased 20.3% over the same period to EUR85.2 million, while gross profit rose 19.8% year-on-year to EUR142.6 million, thanks to subscriber growth and the improved quality of the tariff mix. As at 31 December 2014 Drillisch had a total MVNO customer base of 1.928 million, compared to 1.705 million a year earlier, with growth driven by the budget subscribers sector, which rose 41.5% to 1.211 million customers.

Germany, 1&1 (formerly 1&1 Drillisch)