TV drive Telekom Austria growth

Telekom Austria saw its net income more than double year-on-year in the first quarter, up from €40.8 million to €92.7 million.

However, its revenues were down by 2% to €956 million (€975.9 million in Q1 2014), though EBITDA rose by 7.2% to €334.6 million.

In its home market, the telco saw its fixed broadband and TV subscriber totals in Q1 grow by 5.2% and 6.6% respectively on the same period last year.

In Bulgaria, its TV operations noted a much stronger growth in subscriber numbers. Driven mainly by DTH promotions, they rose by 25.8% over the year.

On the other hand, the customer growth in broadband and TV year on year was 25.5% and 7.4% respectively.

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Source: Broadband TV

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