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Deutsche Telekom’s Slovak unit posts slight rise in first-quarter revenue, profit down

07
May
2014

PRAGUE (Reuters) – Deutsche Telekom subsidiary Slovak Telekom reported a 2.4 percent rise in first-quarter revenue to 196.9 million euros, helped by an increase of mobile data income, it said on Wednesday. Earnings before interest, tax, depreciation and amortization (EBITDA) fell 6.5 percent to 77.5 million euros. Slovakia, owner of a minority 49 percent stake in the business, has said it would look at floating its shares in the telecoms company because Deutsche Telekom has so far passed on taking full control. (Reporting by Jason Hovet, editing by Jan Lopatka)

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