Telekom Austria: Net Loss of € 253m

Businessn.a. ♦ Published: February 23, 2012; 16:19 ♦ (Vindobona)

Revenues were down by 4.2%. The major impact was the last quarter with losses of € 322m.

Telekom Austria: Net Loss of € 253m / Picture: © Telekom Austria Group / Future Talk

Today, the Telekom Austria Group announced its results for the full year and the fourth quarter 2011 ending 31 December 2011. Revenues declined by 4.2% to € 4,454.6m during 2011.Excluding the impacts from foreign exchange translations in all segments and hyperinflation accounting Group revenues increased by 0.5 % to € 4,674.6m.

Group EBITDA comparable, which does not include…