A1 Telekom reports 19% rise in Q3 net profit

17 Oct 2019

A1 Telekom Austria Group has reported total revenues of EUR1.15 billion (USD1.27 billion) for the third quarter of 2019, a rise of 3.4% from EUR1.11 billion in the year-ago period, driven by service revenue growth in almost all markets, with Slovenia and North Macedonia being flat. Group EBITDA increased 2.2% from EUR429.6 million in Q3 2018 to EUR439.0 billion twelve months later, thanks to higher service revenues. A1 Telekom Austria Group said that the reported net result jumped by 18.8% year-on-year to EUR136.3 million, partly a result of lower depreciation and amortisation as the comparison period was negatively impacted by brand amortisation.

At 30 September 2019 A1 Telekom Austria Group reported a total of 21.52 million wireless subscribers, an increase of 1.9% year-on-year. The number of post-paid subscribers grew by 4.3%, with growth in all markets except for Bulgaria, which was impacted by the removal of inactive SIM cards in Q1 2019. Total wireline RGUs were flat y-o-y at 6.13 million as of 30 September 2019, as broadband RGU growth in Central Eastern Europe and higher TV RGUs compensated for the decline of fixed line voice in most markets and fewer low-bandwidth broadband RGUs in Austria.

Austria, A1 Telekom Austria Group