A1 Telekom posts 20% rise in Q2 net profit

17 Jul 2019

A1 Telekom Austria Group has reported total revenues of EUR1.12 billion (USD1.3 billion) for the second quarter of 2019, an increase of 2.6% from EUR1.09 billion in the year-ago period, mainly driven by service revenue growth in all markets. Group EBITDA fell 1.4% from EUR397.5 million in Q2 2018 to EUR392.1 billion twelve months later, and A1 Telekom Austria Group said that the reported net result grew 20.4% year-on-year to EUR70.0 million, positively impacted by the brand amortisation of last year, although the firm noted that a tax case in Bulgaria had a negative impact on net income in Q2 2019.

At 30 June 2019 A1 Telekom Austria Group reported a total of 21.18 million wireless subscribers, an increase of 2.0% year-on-year, mainly led by growth in Serbia (+4.5%) and Croatia (2.8%), while mobile customer numbers declined in Bulgaria (down 3.4%) and Austria (0.8%). Total wireline RGUs rose by 0.5% from 6.14 million at mid-2018 to 6.17 million twelve months later, as broadband RGU growth and higher TV RGUs compensated for the decline of fixed voice.

Austria, A1 Telekom Austria Group