Telekom Austria Ag (TKMAF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the summary of A1 results for the third quarter. At the first nine months of the financial year 2025, we deliver overall growth for the group in a mixed environment. A strong international performance more than offset the weakness in Austria, where conditions remain challenging. Group revenues and EBITDA grew by 3% year on year in the third quarter. This was driven by the international markets. The Austrian market is very tough at the moment, both revenues and EBITDA declined. We continue to use our financial flexibility to invest in the market and to grow our subscriber base, even in this highly competitive and also macroeconomically pressured environment. Our customer base continues to expand. Mobile post rate subscribers grew by 12%. Internet at home by 5%. And TV customers by 8%. Demand for high-speed broadband and B2B digital services remains strong. We continue to see strong momentum in ICT and digital services, including our cloud portfolio. We are proud to advance with Exoscale, our European server and cloud solution that provides secure and compliant solutions for businesses and public institutions across the region. At the same time, we are progressing with our internal transformations. Our Competence Delivery Center consolidates non-customer-facing functions across all our markets, creating synergies and driving automation. We now operate 19 of those delivery centers. In addition, we are now focusing on creating a service delivery center for our digital and ITP services. Free cash flow generation remains strong at 529 million euros in the first nine months, which underlines our ability to fund growth and transformation initiatives. And our focus remains. Stay relevant for customers, anticipate evolving consumer and technology trends, and work to...