Thursday, November 8, 2012

MTel 3Q net income climbs 10.8%

Hungarian operator Magyar Telekom (MTel) has reported a 10.8% year-on-year rise in net profit to HUF14.77 billion (USD67 million), beating market forecasts of income of HUF11.73 billion by local financial news portal, portfolio.hu. The group’s results were aided by one-time gains from real estate transactions and lower operating costs, which helped to offset a fall in revenue


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OVETEL MTel 3Q net income climbs 10.8%

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