Tuesday, 27 June 2017

Telekom Austria Q1 profit surges on cost savings

By Nick Wood, Total Telecom
Wednesday 22 April 15

Revenue dips 2% but EBITDA improves thanks to strong operating performance in Austria, Belarus.

Telekom Austria's net profit more than doubled in the first quarter thanks to intensive cost cutting and growth at its domestic broadband and TV divisions. In the three months to 31 March, Telekom Austria's net profit soared 127.5% on-year to €92.7 million. Operating expenses fell to &euro…

Telekom Austria's net profit more than doubled in the first quarter thanks to intensive cost cutting and growth at its domestic broadband and TV divisions. In the three months to 31 March, Telekom Austria's net profit soared 127.5% on-year to €92.7 million. Operating expenses fell to &euro…

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