VIENNA Jan 30 Telekom Austria, a unit of Mexican tycoon Carlos Slim’s America Movil, reported an anticipated fall in its full-year core revenue as a result of powerful worth competitors in cell markets and harsh financial situations in some areas.
Earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) fell to 1.35 billion euros ($1.44 billion), the telecoms supplier stated in a press release on Monday.
Analysts had anticipated 2016 earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) of 1.35 billion euros in accordance with Thomson Reuters knowledge. ($1 = 0.9364 euros) (Reporting by Kirsti Knolle; modifying by Francois Murphy)