October 20 (SeeNews) - A1 Telekom Austria Group said the earnings before interest, taxes, depreciation and amortisation (EBITDA) of its subsidiary in North Macedonia rose by an annual 10.9% in the January-September period, reaching 35.3 million euro ($41 million).
A1 Makedonija's revenues also increased by 10.9% on the year in the first nine months of 2021, to 98.6 million euro, A1 Telekom Austria Group said in an interim financial statement on Tuesday.
Service revenues alone came in at 79.4 million euro in January-September, up 9% on the year.
A1 Makedonija competes with T-Mobile Macedonia, part of Deutsche Telekom, on a market of some two million people.
In Southeast Europe, A1 Telekom Austria Group also operates in Bulgaria, Croatia, Slovenia and Serbia.
($ = 0.8599 euro)