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 Tuesday, December 02, 2008

Velcom posts its third quarter results. The subscriber base reaches to 3.5 million with the net addition of 100,000 new subscribers in third quarter. The 100% owned Telekom Austria subsidiary, reported revenues of EUR82.4 million (USD104.1 million) and EBITDA of EUR41.9 million in the period under review, while its EBITDA margin was stable at 50.8%. The operating income in this quarter was EUR22.7 million. The ARPU grows from EUR6.9 in 2Q08 to EUR7.6 in 3Q08, driven by the launch of new attractively priced tariff plans and currency fluctuations. While, average MOU dipped from 165.8 to 162.8 in the same period.

Source: Wireless Federation.