A1 to a profit of over 42 million for the quarter

A1 to a profit of over 42 million for the quarter

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Telekom’s revenue increased by 3.9% in the period from January to March 2019. A1 accelerates earnings growth thanks to new ICT and cloud services. Telecom operator A1 reported growth in profit and all major financial issues in the first in the fourth quarter of 2019 compared to the same period last year.

EBITDA increased by 17.7% to EUR 42.8 million, while revenues increased by 3.9% to EUR 111.1 million, maintaining a positive trend for the last three years. Corporate revenue growth is largely due to increased demand for comprehensive corporate ICT and cloud solutions, providing additional services and steady revenue growth for its own sports TV channels.

Telekom also offered electronic vignettes and an ad review app. Average subscriber revenue (ARPU) grew by 7% to 5.4 euros. The average fixed income (ARPL) also rose 6.5% to 12.9 euros, the financial report shows.

Financial results for the first quarter of 2019 compared to the first quarter of 2018. The number of users of fixed telephony has increased from 2.3% to almost 1.029 million, with a positive trend in TV and Internet services to compensate for a drop in the decline the popularity of fixed voice services.

The total number of mobile service users decreased by 3.1%.

A1 to a profit of over 42 million for the quarter

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