Sponsored Content
Bulgarian Mobile Affiliate of Telekom Austria Posts Loss in Profits
In the first quarter of 2014 revenues of Mobiltel, Bulgarian mobile operator and affiliate of Telekom Austria, dropped 6.4 percent year-on-year.
Bulgarian mobile operator Mobiltel saw a decrease in quarterly revenues. / Picture: © Vindobona.org
Total revenues in the first quarter this year came at € 91.2m, which is a decrease by 6.3 percent year-on-year while EBITDA (earnings before interest, tax, depreciation and amortization) declined by 5.8 percent to € 37.1m. EBIT (earnings before interest and tax), declined 9.0 percent.
According to Telekom Austria, the results are an improvement compared to the double-digit…
or Log In
Fast News Search