Austria’s dominant telco grew the subscriber base for its managed IPTV service ‘A1TV’ by a modest 18% in the 12 months to June 2012 to reach 206,300 customers.
Telekom Austria reports that its first half results for this year have been markedly affected by heavy competition in major markets, and also by macro-economic headwinds in the CEE region.
The total number of product bundles taken by its Austrian customers increased to more than 1mn, and capital expenditures in its home market increased 11.4% to €215mn due to planned investments in the LTE and Giganet rollout in the first half of 2012.
Total revenues across all operations and markets for the first half of this year reached €2.118, down 5% from one year earlier, due mostly to lower revenues in Austria.
Consolidated net income turned from a loss of €59.2mn in the first half of 2011 to a profit of €80.9mn in the same period of this year, thanks largely to cost savings of €68.7mn, stemming primarily from the Austrian segment.