Mixed picture for TeliaSonera
April 23, 2014 12.21 Europe/London By Chris Dziadul
TeliaSoneraTeliaSonera gained 17,000 TV subscribers in the first quarter, ending the period with 1.4 million.
The total was 97,000 up on the corresponding period in 2013.
At the same time, it had 2.5 million broadband subscriptions, up by 30,000 in Q1 and 129,000 year-on-year.
In its latest set of results, the company notes that net sales in the consumer segment remained unchanged compared to last year, as higher broadband and TV revenues combined with price adjustments compensated for lower volumes in traditional fixed services.
TeliaSonera’s net sales in reported currency decreased by 2.5% in Q1 to SEK23,972 million (€2,632 million), while EBITDA, again in reported currency, fell by 1.9% to SEK8,345 million.
Net income fell by 4% to SEK6,286 million.