T-Mobile´s Turnover Shrinks

CompaniesTelecoms ♦ Published: November 8, 2012; 17:24 ♦ (Vindobona)

The second-biggest Austrian telecommunication operator records a decrease in earnings and sales.

T-Mobile´s Turnover Shrinks / Picture: © T-Mobile

The downward trend in the Austrian telecommunication sector goes on. Due to the high pressure from competition, the operators suffer from decreasing margins and turnover figures. In the first nine months, EBITDA decreased by 9.6% to € 178m. T-Mobile Austria´s turnover was down by 3.9% to € 663m. In the third quarter, revenues declined by 6.4% to € 219m. EBITDA decreased by 5.8%…