Results of Telekom Austria Group for the First Nine Months

Companies › Telecoms ♦ Published: November 10, 2010; 13:22 ♦ (Vindobona)

Group revenues declined by 3.9% to € 3,480.1m, operating income increased dramatically.

Results of Telekom Austria Group for the First Nine Months / Picture: © Telekom Austria Group

The decline of turnover was driven by lower revenues from the Austrian, Bulgarian and Croatian segments. The decline could not be compensated for by the revenue growth in the Belarusian segment as well as in the Republic of Serbia and in the Republic of Macedonia, which are included in the Additional Markets segment. Declining prices due to the competitive environment and further…

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