Release of 18.10.2022

Solid third quarter 2022: positive growth trends continued despite difficult environment

Thomas Arnoldner, CEO of A1 Telekom Austria Group, on the highlights of the third quarter 2022:
"In the third quarter of 2022, we continued on our growth path and achieved growth in both revenues (+7.2%) and EBITDA before restructuring (+4.9%). Net result for the third quarter of 2022 increased from EUR 181 million to EUR 205 million.

Strong demand for high bandwidth products, successful upselling measures, positive roaming effects, and also favorable exchange rate developments contributed to the good result. However, high inflation, in particular the sharp rise in energy costs, poses a major challenge for the company. In this increasingly difficult macroeconomic environment, it is essential to take appropriate countermeasures.

A positive development is the recent deregulation in Austria. This now gives us the opportunity to expand the fiber network even faster and more efficiently. Thanks to partnerships with around 20 providers throughout Austria, we are building a fiber network that can be better utilized and operated more economically. What's more, we will be able to respond more quickly and flexibly to customer needs in the future - to the benefit of all consumers and Austria as a business location.”

Alejandro Plater, COO of A1 Telekom Austria Group, adds:
"Service revenues increased by 5.5% in the third quarter with growth in all markets. The number of mobile customers grew by 4.6%, that of Internet@home customers by 5.0%, and RGUs increased by 1.7%.

This good result was achieved in an increasingly difficult macroeconomic environment. We therefore introduced efficiency measures to cushion the increase in costs and successfully implement our strategy.

The overall higher CAPEX is mainly attributable to increased fiber and 5G roll-out activities in Austria. A1 plays a key role in creating a secure and sustainable digital infrastructure."

More information is available:

About A1 Telekom Austria Group
A1 Telekom Austria Group, listed on the Vienna Stock Exchange, is a leading provider of digital services and communications solutions in Central and Eastern Europe with around 26 million customers, currently operating in seven countries under the brand A1: Austria, Bulgaria, Croatia, Belarus, Slovenia, the Republic of North Macedonia and the Republic of Serbia.

Offering communications, payment and entertainment services as well as integrated business solutions, A1 Telekom Austria Group achieved revenues of 4.75 billion Euros by year end 2021. Around 18,000 employees and state of the art broadband infrastructure make digital business and lifestyle possible and enable people, companies and things to connect everywhere anytime. As European unit of América Móvil, one of the largest wireless services provider in the world, A1 Telekom Austria Group is headquartered in Vienna and gives access to global solutions.