LJUBLJANA (Slovenia), January 31 (SeeNews) – Telekom Austria said its wireless unit in Slovenia, Si.mobil posted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 52.8 million euro ($56.8 million) in 2016, down 34.7% on the year, chiefly due to a 30 million euro positive one-off effect in 2015.
Si.mobil’s revenues dropped an annual 4.3% to 214.1 million euro through 2016, as a result of the positive one-off effect relating to an agreement on settling mutual relations and business collaboration with Telekom Slovenije, Telekom Austria said in a full-year financial report.
"Despite lower volumes, wireless equipment revenues rose as a result of higher average prices. Mobile service revenues declined due to the stepwise abolition of retail roaming in the EU as of April 30, 2016, in spite of higher interconnection revenues and a volume-driven increase in revenue from monthly fees. Fixed-line revenues declined mostly due to intensified competition," Telekom Austria said.
Details follow (in millions of euro):
|
2016 |
2015 |
% change |
Total revenues |
214.1 |
223.6 |
-4.3 |
EBITDA |
52.8 |
80.9 |
-34.7 |
EBIT |
20.1 |
56.7 |
-64.6 |
Capital expenditures |
26.8 |
17.9 |
49.6 |
Si.mobil competes with Slovenia's largest cellphone operator, Mobitel, a unit of state-owned Telekom Slovenije, T-2, Debitel, Izi Mobil, and Tusmobil.
Besides Si.mobil, the wireless operations of Telekom Austria Group include Velcom in Belarus, Mobilkom Austria, Bulgaria's Mobiltel, Croatia’s Vipnet, Serbia's Vip Mobile and Macedonia's Vip Operator.
($=0.9298 euro)