Results for the First Nine Months 2010 (Ad hoc Release)
Vienna, November 10, 2010 – Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announced its results for the first nine months of 2010 and the third quarter ending September 30, 2010.
- Further stabilization of fixed line losses to 1,200 in Q3 2010 versus 7,000 lines lost in Q3 2009
- Mobile subscriber growth of 5.4% to more than 19.4 million customers
- Group revenues decline 3.8% to EUR 1,185.4 million driven by continued challenging macro-economic environment, fierce competition and regulatory pressure
- Decline of Group EBITDA comparable, which excludes restructuring and impairment charges, by 8.3% to EUR 449.1 million in Q3 2010
- 5.0% reduction of CAPEX to EUR 146.8 million in Q3 2010 due to lower access investments in Croatia and Additional Markets
- 5.8% increase of free cash flow due to focus on working capital and lower CAPEX
- FY 2010 guidance unchanged and dividend floor of EUR 0.75 until 2012 reiterated
Detailed financial figures
Results for the First Nine Months 2010 (273.8 KB)
Contact:
Matthias Stieber
Director Investor Relations
Telekom Austria Group
Tel.: +43 (0)50 664 39126
E-Mail: matthias.stieber@telekomaustria.com
Elisabeth Mattes
Press-Spokeswoman
Telekom Austria Group
Tel: +43 (0) 50 664 39187
E-Mail: elisabeth.mattes@telekomaustria.com
