Results for the First Half 2010 (Ad hoc Release)

Vienna, August 18, 2010 - The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the second quarter ending June 30, 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 decline to -3.9% due to lower revenue reduction in the Fixed Net and the Mobile Communication segments


  • Group EBITDA declines by 8.3% due to higher revenue related Fixed Net expenses and lower mobile revenues, cushioned by cost reductions


  • Free cash flow generation remains strong with EUR 365.2 mn


  • Including impact from merger of domestic operations the management expects revenues of approx. EUR 4.7 bn and an EBITDA of EUR 1.60 to 1.65 bn for FY 2010


  • DPS floor of EUR 0.75 reiterated





Detailed financial Figures

Results for the First Half 2010 (232.0 KB)


Ad hoc Release





Contacts:
Matthias Stieber
Investor Relations
Director Investor Relations
Tel: +43 (0) 50 664 39126
E-Mail: matthias.stieber@telekomaustria.com

Elisabeth Mattes
Telekom Austria Group’s Spokeswoman
Tel: +43 (0) 50 664 39187
E-Mail: elisabeth.mattes@telekomaustria.com