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Telekom Austria´s Profit Falls Considerably
In the third quarter of 2012, the net income was down by 22%. Revenues declined slightly. In the first nine months of 2012, the performance could improve against the reference period.
Telekom Austria´s Profit Falls Considerably / Picture: © Vindobona.org
“A highly competitive landscape, regulatory burdens on mobile termination and roaming rates as well as a challenging economic environment in most of its markets characterized the operational environment of Telekom Austria Group and translated into a decline of Group revenues by 3.8% to € 3,212.0m dur-ing the first nine months 2012 compared to the same period last year.” Telekom…
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