Aflenz Earth Station (A1)Aflenz Earth Station (A1)
  • Service revenues increased in all markets except for Belarus
  • A1 proposes EUR0.36 dividend
  • A1 revenue guidance for 2024: growth between 3-4%
  • A1 sees EUR 800 million in capex expenditures in 2024

Vienna, Austria — Austrian telecom giant A1 Group reported a solid financials for the year in 2023 on Wednesday. A1 Group operates in seven countries and provides digital services and communications solutions. The number of subscribers increased in 2023, service revenues were up in all markets except for Belarus.

The ATX member’s total revenue increased 4.9%, its EBITDA grew 4.7%. The company plans to propose an increased dividend of EUR 0.36 per share.

They also received top-credit ratings from Moody’s, Fitch, and S&P. For 2024, they expect revenue growth of 3-4%.

A1 Group was recently recognized for its sustainability efforts and ranked as the 6th best performing telecom company in the world. They plan to invest around EUR 800 million in capex expenditures in 2024.

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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