Telenor Magyarország revenue, EBITDA practically flat in Q4

Mobile telecommunications service provider Telenor Magyarország's fourth-quarter revenue edged up a little more than 1% to HUF 42 billion from the same period a year earlier, an announcement by the company on Wednesday shows. EBITDA inched down about 1% to HUF 11.7 billion. Telenor Magyarország said it paid HUF 2.4 billion on a recently introduced tax on telephone calls and text messages during the period. It paid another HUF 2.4 billion on a “crisis tax” levied on the telecom sector. The number of Telenor Magyarország subscribers grew by 62,000 to 3,521,000 in Q4 2012. The company's market share increased in both the mobile voice and mobile internet segments, to 31.78% and 30.13%, respectively. Average revenue per user rose to HUF 3,629 in Q4 2012 from HUF 3,577 in the same period a year earlier. The company spent HUF 2.35 billion on investments in Q4 2012 compared to HUF 8.75 billion in the base period.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.