Telekom Austria Group: results for the first half 2010 and the second quarter 2010

Businessn.a. ♦ Published: August 18, 2010; 00:00 ♦ (Vindobona)

Several negative external effects and the impact of weak economies shape the market environment for Telekom Austria Group. These effects include the unabated fixed-to-mobile substitution and the continued price pressure in major markets.

Telekom Austria Group: results for the first half 2010 and the second quarter 2010 / Picture: © Telekom Austria Group

Results for the first half 2010

- Continued challenging operating environment driven by fierce competition, regulatory induced pressure and macro-economic headwinds

- Stabilization of Fixed Net line losses to 6,000 in 2Q 2010 vs. 12,600 in 2Q 2009

- Further Mobile Communication subscriber growth of 5.9% to 19.2 mn customers

- Slow-down of Group revenue…