Telekom Slovenije holds steady

May 23, 2014 09.06 Europe/London By Chris Dziadul

Telekom SlovenijeTelekom Slovenije had operating revenues of 193.9 million in the first quarter, or 2% more than in the same period in 2013.

Its EBITDA reached 57.7 million, or 29.9% of net sales revenue, but the net profit of 12.2 million was 2.8 million down on a year earlier.

Although the telco did not provide TV subscriber figures, it says that it recorded growth in the number of connections in the first quarter compared to the same period last year.

Looking forward, it adds that it expects a net profit of 63 million, EBITDA of up to 212 million and CAPEX of up to 137 million for this year