After more than 40 years of operation, DTVE is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
Telekom Austria ups TV subscribers
Telekom Austria reported a 7.8% increase in domestic TV customers in the first nine months of the year, though revenues and earnings were down year-on-year.
The firm said that its Austrian teleco provider A1 reported 229,800 TV customers, up almost 8% compared to the previous year.
Broadband lines rose by 5.0% to 1.36 million in the period. However, these gains could not compensate for a decrease in average revenues per line for fixed line access, which dropped by 1.6% to €31.3.
Overall, Hannes Ametsreiter, CEO A1 and Telekom Austria Group said “in the first nine months of 2013, we were able to achieve a solid operating performance, defying the persistently difficult framework conditions.”
However, group revenues declined by 2.6% to €3.13 billion and net profit was down 11.6% to €159.2 million.