T-Mobile turnover shrinks despite more clients

T-Mobile Austria suffered a decline in turnover in spite of more customers in the first half of this year.The company – the second-biggest mobile services provider in Austria after Mobilkom Austria – said today (Thurs) that turnover edged down by 5.9 per cent between January and June of 2010 compared to the same time span last year.Earnings before interest, taxes, depreciation and amortisation (Ebitda) however soared by 17 per cent to 144 million Euros, it added.T-Mobile Austria currently has 3.7 million customers, up by 8.8 per cent year on year.Firm chief Robert Chvatal announced: “We are satisfied with our business figures for the first two quarters of this year.”Chvatal added T-Mobile Austria was ready to make new investments.News of a drop in turnover for T-Mobile Austria come as rival 3 managed to get in the black for the first time after entering the Austrian market seven years ago.The company – the fourth-biggest mobile communications provider in the country – said earnings before interest and taxes (Ebit) were three million Euros in the first half of 2010.It also announced an increase of customer numbers by eight per cent to 973,000.