Telekom Austria sees IPTV boost in tough market

Telekom Austria’s A1TV service saw an 18.1% uptick in subscribers over the first half of this year, taking its total to 206,300. Its bundled fixed-line customers passed the one million mark.

Overall, however, Telekom Austria continued to suffer from intense competition in its domestic market, with fixed line customers declining overall. The group’s domestic revenues for the period dropped by 6.1% to €1.38 billion.

Internationally, Telekom Austria was hit be price competition and other problems, leading to an overall decline in revenue for the group by 4.9% to €2.12 billion and a drop in EBITDA of 6.6% to €726 million.