TeliaSonera : Yoigo reaches 4 million subscribers in Spain
September 17, 2016 at 11:39 am EDT
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Yoigo was launched in December 2006 and became cash flow positive in 2012. At year end 2013 Yoigo reached 3.889.000 subscribers, a 5 percent increase on year end 2012. In a challenging economic climate Yoigo also surpassed the thousand million euro sales mark, billing 1.095 million euros, an increase of 12 percent compared to 2012.
In April 2013 TeliaSonera announced that it would continue to develop the company. 'Yoigo has challenged the large players in the Spanish market and has established its brand well. It has great potential for further development,' says Johan Dennelind, president and CEO of TeliaSonera.
Telia Company AB published this content on 17 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 September 2016 15:38:05 UTC.
Original documenthttp://www.teliacompany.com/en/newsroom/news/news/press-releases/2014/2/yoigo-reaches-4-million-subscribers-in-spain/
Public permalinkhttp://www.publicnow.com/view/A2457EA5017E658E973BD3FBB880715B2226C2BA
Telia Company AB is the leading Scandinavian telecommunications operator. Net sales (including intragroup) break down by activity as follows:
- telecommunications services (85.8%): mobile telephony (19.8 million subscribers at year-end 2022), fixed-line telephony (0.9 million), cable television transmission (3 million), broadband Internet access (2.9 million), etc.;
- media services (9.6%): production and broadcasting of audiovisual content (TV4, C More and MTV channels);
- other (4.6%).
Net sales are distributed geographically as follows: Sweden (46.4%), Finland (18.7%), Norway (16.5%), Denmark (5.8%), Lithuania (5.5%), Estonia (4%) and other (3.1%).