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20 Oct 2015 12:00:13
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Quarterly revenue and profit velcom has collapsed by nearly 25%

Today, Telekom Austria has published the financial report for the III quarter of 2015. Compared to the same period last year almost all the major economic results of the operator velcom for the conversion into Euro has dropped significantly.

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Today, Telekom Austria has published the financial report for the III quarter of 2015. Compared to the same period last year almost all the major economic results of the operator velcom for the conversion into Euro has dropped significantly.

the company's Revenue for the year decreased from 109 to 84.1 million euros. Profit before tax, interest and depreciation fell by almost 24% from 54.6 to 41.5 million euros. Operating profit last year instead of 27.5 22.9 million euros. More than a quarter decreased ARPU — from 6.2 to 4.6 euros.

the Market share of velcom has not changed and, as a year ago, is 42.5%. Abonbaza thus decreased slightly by 11 thousand subscribers. At the same time, growth of 9.5% in the number of mobile Internet users.

Telekom Austria said that velcom continues to successfully position itself as a premium operator providing communication services of high quality. The report highlights that the decline of the company caused by the ban on price increases, as a result, it proved impossible to compensate for the negative impact from the devaluation of the Belarusian ruble.

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