A1 Telekom Austria Group reports 2.9% rise in 2019 revenue

12 Feb 2020

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%).

Austria, A1 Telekom Austria Group