Home 3 Group service revenues up 9% in 2014, passes 25 mln subs
 

Keywords :   


3 Group service revenues up 9% in 2014, passes 25 mln subs

2015-02-26 14:11:00| Telecompaper Headlines

(Telecompaper) The 3 Group grew its active customer base 13 percent in Europe last year to over 25.0 million at year-end. The mobile operator recorded revenues of HKD 65.6 billion in Europe, up 6 percent from 2013, and mobile service revenues rose 9 percent to HKD 49.5 billion. The company increased EBITDA 23 percent to HKD 15.6 billion, the EBITDA margin improved to 30 percent from 27 percent in 2013, and EBIT rose 42 percent to HKD 6.9 billion, parent company Hutchison Whampoa reported. With the exception of Italy, all operations in 3 Group Europe increased their contributions to group earnings during the year. The company said it profited from cost synergies in Austria and Ireland after its takeovers there, and the group will continue to look for consolidation opportunities in its markets. 

Tags: service group passes revenues

Category:Telecommunications

Latest from this category

All news

»
26.11JELEEBOX
26.11
26.11222CB
26.11BOSS ( ) BB-1X Bass Driver
26.1112010 re0827-141
26.11
26.11 2021 EDITION
26.11DVD
More »