Thursday, February 26, 2009
Compensating for a shrinking fixed-line business with an expanding international mobile operation, Telekom Austria expects sales of about 5.1 billion euros in 2009, slightly down from 5.17 billion euros in 2008. Projected EBITDA, at 1.9 billion euros, is expected to be unchanged from the 2008 figure, stripping out a 632 million euro fixed-line restructuring charge last year. Capital spending for 2009 is set to be flat at about 800 million euros. source: Telekom Austria statement.
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