A1 Telekom reports stable revenues in 2020

11 Feb 2021

A1 Telekom Austria Group has reported total revenues of EUR4.55 billion (USD5.5 billion) for the twelve months ended 31 December 2020, a slight decrease of 0.3% from EUR4.56 billion in the previous year, thanks to lower ‘other operating income’ and lower equipment revenues. Service revenues remained stable at EUR3.80 billion, despite roaming losses and negative foreign exchange effects. Mobile service revenues declined by 0.2% year-on-year to EUR2.07 billion, as high demand for mobile Wi-Fi routers together with successful upselling activities in the high-value segment offset roaming losses. Group EBITDA increased 1.0% from EUR1.56 billion in 2019 to EUR1.58 billion twelve months later, mainly driven by savings in workforce, advertising and maintenance costs, and A1 Telekom Austria Group reported a net income of EUR388.8 million in 2020, up by 18.7% year-on-year, as the comparison period was negatively impacted by a penalty interest as a result of a tax audit in Bulgaria.

At 31 December 2020 A1 Telekom Austria Group reported a total of 21.86 million wireless subscribers, an increase of 2.7% year-on-year, as strong demand for mobile Wi-Fi routers and growth in M2M subscribers, coupled with increased accesses in Serbia (1.7%), Slovenia (0.2%), Croatia (up 5.3%), and Belarus (0.5%), helped offset declining numbers in other segments. Total wireline RGUs fell by 1.6% over the twelve-month period to 6.05 million, however, as the group-wide growth in high bandwidth broadband RGUs could not compensate for the decline in low bandwidth broadband and fixed line voice RGUs.

Austria, A1 Telekom Austria Group