Telekom Austria Group posts 2.3% rise in Q3 revenue

2 Nov 2017

Telekom Austria Group has reported total revenues of EUR1.11 billion (USD1.3 billion) for the third quarter of 2017, an increase of 2.3% from EUR1.08 billion in the year-ago period, with growth seen in all markets except Macedonia, which declined by 0.2%. Group EBITDA fell 2.6% from EUR421.0 million in Q3 2016 to EUR410.1 million twelve months later, thanks to lower positive restructuring charges in Austria as well as one-off effects. Telekom Austria Group reported a net result of EUR148.1 million for the three months ended 30 September 2017, up by 3.4% from EUR143.2 million the previous year.

At end-September 2017 Telekom Austria Group reported a total of 20.83 million wireless subscribers, an increase of 0.5% year-on-year, mainly driven by M2M connections and growth in Serbia (+4.2%) and Croatia (0.8%), while mobile subscriber numbers declined in Austria (by 1.6%), Belarus (1.0%), Bulgaria (1.5%), Macedonia (2.2%) and Slovenia (0.9%). Total wireline RGUs decreased by 0.6% y-o-y to 6.01 million at the end of Q3 2017; Telekom Austria Group noted that the decline in Austria and Bulgaria, which was mainly driven by voice RGUs, was partly offset by increases in the other markets.

Austria, A1 Telekom Austria Group