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Telekom: Growing Profit, Falling Revenues

Published: August 16, 2012; 16:15 · (Vindobona)

Today, Telekom Austria Group announced its results for the second quarter ending June 30, 2012. Revenues and earnings were down, net income rose by 70.5%.

Telekom: Growing Profit, Falling Revenues / Picture: © Telekom Austria Group

According to Telekom Austira, the first half of 2012 results markedly impacted by heavy competition in major markets and macro-economic headwinds in CEE

The “almost stable Group EBITDA comparable margin reflects effective countermeasures taken in all segments” Telekom Austria announces. Group Revenues decline by 4.9% to € 2,118.3m mostly due to lower revenues in the…

This article includes a total of 230 words.

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