Telekom Austria AG - Results for the First Quarter 2010

Central- & Eastern EuropeBulgaria ♦ Published: May 27, 2010; 00:00 ♦ (Vindobona)

Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria.

Telekom Austria AG - Results for the First Quarter 2010 / Picture: © Telekom Austria Group

Results for the First Quarter 2010

- Stabilization of Fixed Net subscriber base with just 0.8% lines lost
- Mobile Communication continues to grow its subscriber base with a 6.0% increase to 19.0 million customers
- Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria
- Cost reductions absorb…