Estonian Telecom Companies Elion, EMT Boost Revenues in Q3
19 October (BNS)
It appears from the interim report of the Nordic telecommunications group TeliaSonera that the revenues of its Estonian units Elion and EMT, measured in local currency, increased in the third quarter of this year.
The revenues of TeliaSonera's mobile communications unit in Estonia, EMT, grew by 4.3% year-on-year in the third quarter, and its nine-month revenues showed an increase of 2%. TeliaSonera observed that EMT's revenues increased for the second quarter running. The growth was largely due to increased earnings from roaming services and sale of equipment.
EMT's revenues were 437 million Swedish kronor (47.9 million euros) in the third quarter and 1.194 billion kronor (131 million euros) in the first nine months of the year.
TeliaSonera's broadband operation in Estonia, Elion, saw third-quarter revenues increase by 7.5% year-on-year. The group's Estonian and Danish units were the only ones that were able to increase sales in annual comparison. January to September, Elion's sales in local currency grew by 5%. Third-quarter revenues were supported by transit traffic, sale of equipment and services with high value added, TeliaSonera said.
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