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Slightly Decreasing Revenues at Telekom Austria

Published: May 10, 2012; 11:24 · (Vindobona)

In the first quarter of 2012, the biggest Austrian telecommunication company achieved net income of € 46.9m. EBITDA was down by 8.9%.

Slightly Decreasing Revenues at Telekom Austria / Picture: © Telekom Austria Group / Future Talk

Today, Telekom Austria presented its results for the first quarter of 2012. All in all, the telecommunication company presents mixed results.

In the first quarter of 2012 Group revenues declined by 5.6% to € 1,055.0m and included a negative total net effect from hyperinflation accounting and foreign exchange translations in the amount of € 96.5m, almost entirely from the…

This article includes a total of 692 words.

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