Telekom Austria: A1 Group Releases Q3 and Q1-Q3 2025 Results

Telekom Austria's A1 Group announced its financial results for the third quarter and the first nine months of 2025, highlighting a 3.5% increase in revenues compared to Q3 2024, primarily driven by equipment revenues in the ICT sector. Despite a decline in Austria, service revenues grew by 0.7% in Q3, with significant contributions from Central and Eastern Europe. Core operating expenses remained stable as efficiency measures neutralized product-related cost increases.

EBITDA rose by 2.8% in Q3, bolstered by strong performances in Bulgaria and Belarus. The net result for the first nine months improved by 6.0%, supported by favorable financial results. Capital expenditure decreased by 12%, resulting in a 52% increase in free cash flow due to CAPEX savings and enhanced operational results. In July, Fitch reaffirmed Telekom Austria's credit rating at 'A-' with a stable outlook. The company anticipates total revenue growth of 2-3% and CAPEX, excluding spectrum, to remain below EUR 800 million.