A1 Telekom Austria Group posted growing sales and earnings last year, leading CEO Alejandro Plater to hail 2017 as a success for the operator.

Revenues rose three percent to €4.38 billion on the back of increased fixed-line service revenues and equipment sales, which jumped 4.2 percent and 12 percent respectively.

This offset a 0.3 percent fall in mobile service revenues across the group, caused by falling ARPU and the loss of 50,000 subscribers, mostly from its prepaid base. Its total mobile customer numbers stood at 20.65 million on 31 December 2017.

The number of individual fixed line services also fell, down 29,000 to 6.04 million.

Sales rose at all of the company’s opcos except Macedonia, where “fierce” competition was blamed for a 4.5 percent decline.

In its home market of Austria, revenues rose two percent to €2.62 billion as, mirroring the performance of the wider group, sales of fixed-line service sales and equipment sales offset a 2.5 percent decline in mobile service revenues.

The boost to sales helped to push group EBITDA up two percent to €1.4 billion despite an increase in opex that the operator put down in part to intensified sales activities and investments at its A1 Digital division.

[Read more: A1 digital CEO: Our ambition is to be the region’s pre-eminent cloud, IoT provider]

In contrast to many of its peers, A1 Telekom Austria added 754 employees during the year, mainly outside of its home market, meaning its workforce stood at 18,957 on 31 December.

Net profits, hit by brand value amortisation of €123.2 million, fell over 16 percent to €345.5 million.

[Read more: Telekom Austria Group rebrands as…A1 Telekom Austria Group]

A1 Telekom Austria Group CEO Alejandro Plater said: "We are looking back on a successful year 2017. Almost every KPI shows a positive development.

“The consistent execution of our growth strategy allowed the A1 Telekom Austria Group to improve its operational business substantially even in times of tough competition and difficult regulatory frameworks.”

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