Sales up 1% for Telekom Slovenije in first quarter

14 May 2020

Telekom Slovenije says operating revenues for the first quarter of 2020 were up 1% year-on-year at EUR173.6 million (USD188 million). EBITDA was stable at EUR56.4 million, while net profit climbed 12% to EUR11.3 million. The firm said its retail and wholesale sales were impacted in Q1 by the COVID-19 pandemic. The group claimed 1.75 million mobile customers in Slovenia and Kosovo at the end of March 2020, down from 1.82 million a year earlier, while fixed broadband subscriptions in the two markets fell from 318,855 to 311,133.

Kosovo, Slovenia, IPKO, Telekom Slovenije (incl. Mobitel)