Switzerland’s Sunrise has reported a 4.3% drop in total revenues for the third quarter of 2011, with increasing mobile revenues and higher smartphone and post-paid uptake failing to offset the effect of the declining fixed line market. The telco’s total revenue for the three month period ended 30 September 2011 was CHF509.96 million (USD556.2 million), down from CHF532.98 million in the year-ago period. EBITDA for the quarter was CHF178.3 million, with an EBITDA margin of 35%
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OVETEL Failing fixed line offsets Sunrise’s smartphone-driven growth*Failing fixed line offsets Sunrise’s smartphone-driven growth
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