Results for the Full Year 2010 (Ad hoc Release)
Vienna, February 23, 2011 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the full year 2010 and the fourth quarter ending December 31, 2010.
- With 1,400 net adds during 2010 fixed access lines return to growth for the first time after more than 10 years
- Group mobile subscriber base increases by 5.0% to more than 19.8 million customers
- The improved operational performance limits the decline of Group revenues to EUR 4,650.8 million in 2010 despite a challenging macro-economic environment, strong competition and regulatory pressure
- Group EBITDA comparable, which excludes restructuring and impairment charges, declines by 9.1% to EUR 1,645.9 million in 2010
- Restructuring charges, which were predominately non-cash, in the amount of EUR 124.1 million and impairment charges in the amount of EUR 18.3 million incurred in 2010
- CAPEX increases by 7.3% to EUR 763.6 million in 2010 predominantly due to higher investments in the next generation network in Austria
- Net income improved to EUR 195.2 million in 2010 due to higher impairment charges in 2009
- Revenues of up to EUR 4.6 bn, EBITDA comparable of up to EUR 1.6 bn and CAPEX of up to EUR 800 mn expected for 2011
- Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012
Detailed financial Figures
Results for the Financial Year 2010 and the 4th Quarter 2010 (288.2 KB)
Contacts:
Matthias Stieber
Investor Relations
Tel.: +43 (0) 59059 1-19007
E-mail: matthias.stieber@telekom.at
