Results for the First Nine Months 2011 (Ad hoc Release)
Vienna, 14 November 2011 – Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announced its results for the first nine months and the third quarter 2011 ending 30 September 2011.
- Demand for fixed broadband and product bundles drives fixed access line growth of 11,700 lines in Austria
- Mobile broadband, smartphones and no frills drive mobile subscriber growth in all operations
- Further convergence milestone: B.net cable acquisition in Croatia
- Group revenue decline and lower Group EBITDA comparable mainly driven by competition in Austria and FX devaluation in Belarus
- In Q3 2011 slight rise in Group revenues and almost stable Group EBITDA comparable excluding FX translation effects due to strong operational performance and strict focus on cost control
- Subscriber growth and increased usage translate into strong revenue and EBITDA comparable growth in the Additional Markets segment
- Guidance 2011 reiterated: Group revenues approximately EUR 4.50 bn, Group EBITDA comparable up to EUR 1.55 bn
- Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012
Detailed financial figures
Results for the First Nine Months 2011 (332.0 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
