Results for the First Nine Months 2007
Vienna, November 14, 2007 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first nine months of 2007 and the third quarter ending September 30, 2007.
Highlights
| ■ | Revenues increase by 2.0% to EUR 3,630.9 million |
| ■ | EBITDA declines from EUR 1,535.6 million to EUR 1,463.6 million |
| ■ | Fixed Net and start-up costs for new operations weigh on EBITDA |
| ■ | Net income declines from EUR 498.5 to EUR 451.5 million |
| ■ | Acquisition of the Belarusian MDC strengthens emerging markets profile |
| ■ | Total of EUR 712.9 million returned to shareholders via dividend and share buyback during 1-9 2007 |
| ■ | Full year 2007 outlook raised for revenues & EBITDA |
Note: All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA is defined as net income excluding interest, income tax expense, depreciation and amortization, impairment charges, equity in earnings of affiliates, income/loss from investments and foreign exchange differences. This equals operating income before depreciation, amortization and impairment charges.