A1 Telekom Austria posts strong rise in Q2 revenue, EBITDA

15 Jul 2021

A1 Telekom Austria Group has reported total revenues of EUR1.166 billion (USD1.38 billion) for the second quarter of 2021, an increase of 6.4% from EUR1.096 billion in the year-ago period, mainly driven by higher fixed and mobile service revenues, as well as higher equipment revenue growth. Group EBITDA grew by 9.6% from EUR390.1 million in Q2 2020 to EUR427.7 million twelve months later, due to higher service revenues outweighing an increased cost base. Excluding one-off and currency exchange effects as well as restructuring charges, group EBITDA increased by 9.5% year-on-year. Driven by the improved operational performance, A1 Telekom Austria Group reported a 9.8% increase in net profit from EUR113.8 million to EUR125.0 million over the same period.

At 30 June 2021 A1 Telekom Austria Group reported a total of 22.325 million wireless subscribers, an increase of 5.3% year-on-year, as the number of contract customers rose in almost all markets driven by strong growth in M2M subscribers. Growth was also driven by the ongoing strong demand for mobile Wi-Fi routers as well as the continued shift from pre-paid to contract offers. Total wireline RGUs fell by 0.5% y-o-y from 6.105 million to 6.072 million at end-June 2021, as growth in high bandwidth broadband and TV RGUs was outweighed by declining numbers of low bandwidth broadband and fixed voice RGUs.

Austria, A1 Telekom Austria Group