A1 Telekom Austria Group has reported total revenues of EUR4.56 billion (USD4.9 billion) for the twelve months ended 31 December 2019, an increase of 2.9% from EUR4.43 billion in the previous year. The growth was driven primarily by higher service revenues, which rose 3.4% year-on-year to EUR3.80 billion. Mobile service revenues grew or remained stable in all markets, mainly due to the ongoing strong demand for mobile Wi-Fi routers. Group EBITDA increased slightly from EUR1.55 billion in 2018 to EUR1.56 billion twelve months later, and A1 Telekom Austria Group reported a net income of EUR327.4 million in 2019, up by 34.4% year-on-year. While the 2018 figure was negatively impacted by brand amortisation, A1 said a tax case in Bulgaria in Q2 2019 and an appreciation of affiliates in Q4 2019 had a negative impact on net income.
At 31 December 2019 A1 Telekom Austria Group reported a total of 21.29 million wireless subscribers, an increase of 1.3% year-on-year, as growth in M2M subscribers, as well as in Serbia (5.3%), Slovenia (1.2%), Croatia (up 0.8%), North Macedonia (0.5%) and Belarus (0.3%), was able to offset declining numbers in the other segments. Total wireline RGUs fell by 1.0% over the twelve-month period to 6.14 million, with the largest declines seen in Belarus (down 6.1%) and Austria (-2.4%).