A1 Bulgaria boosts Q1 EBITDA 21.2%, revenue up 3.6%

A1 Bulgaria boosts Q1 EBITDA 21.2%, revenue up 3.6%

Telecommunications company A1 Bulgaria, a unit of A1 Telekom Austria Group, said on Wednesday that its earnings before interest and taxes, amortisation and depreciation (EBITDA) grew by 21.2% year-on-year to 55.6 million euro ($67.1 million).

A1 Bulgaria's revenue rose by an annual 3.6% to 132.2 million euro, as services revenue increased 7.3% to 105.9 million euro, the company said in a statement.

Revenue from mobile services added 6.2% to 70.7 million euro, while fixed-line service revenue grew 9.4% to 35.1 million euro. Device sales dropped 10.6% to 25.1 million euro.

Average revenue per user increased by 8.5% to 6.3 euro.

A1 Bulgaria's mobile services subscribers decreased by 2.3% to 3.73 million.

A1 Bulgaria competes with Bulgarian Telecommunications Company (BTC), which operates under the brand name Vivacom, and Telenor Bulgaria, owned by Dutch-registered investment group PPF.

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