During the third quarter of 2021, WIND achieved significant revenue growth and subscription base, while making progress in all its strategic goals, as stated in the relevant corporate announcement.
“We remain confident that we can continue our growth as we take advantage of the growing demand for our services and the commercial momentum we have created since the beginning of the year. During the third quarter we continued to make progress against the strategies and “Our revenue targets, with revenue from services increasing on an annual basis due to strong commercial performance and increased foreign visitors during the tourist season.”, commented on the results of the third quarter 2021, the President & CEO of WIND Hellas, Nasos Zarkalis.
Specifically, the financial returns of the third quarter are as follows:
Increase in revenue from services as a result of strong commercial performance
Total revenues from services € 141.7m, increased by 7.4% compared to the same period of 2020
EBITDAaL performance reflects Vantage Towers transaction and revenue growth
Custom EBITDAaL € 40.7m with a margin of 28.7%
Increase by € 5.0 million compared to the corresponding quarter of 2020, adjusted for the transaction with Vantage Towers as if it had happened on January 1, 2020
Increase in subscribers compared to the third quarter of 2020
+ 6.8% mobile customers with a contract
+ 2.5% fixed customers with a contract
Continuous progress towards strategic priorities
24% 5G population coverage
10.0% increase in households with convergence services, a total of 273,000
5.2% increase in corporate customers, a total of 84,000
38.9% increase in fiber optic (NGA) customers, a total of 286,000
10% of quarterly sales came from online channels
Total manufactured fiber optic lines 431,000
Total investments, of the last 12 months (until 30/9/21), € 91.5 million.
The company remains faithful to its strategy to increase its customer base, investing heavily in the expansion of the 5G mobile network and the penetration of fiber optic networks (FTTC / FTTH), as well as the acceleration of its digital transformation.
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Source From: Capital
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