Afone reported revenue results for the full year of 2013. For the period, the company reported revenue of EUR 59.3 million, down 17.3% on EUR 71.77 million in 2012. Sales were down 10% after a reassessment of the disposal of some of its Teleplanete subsidiary's activities.

Afone said its Telecom revenue, reported at EUR 54.2 million, was hit by an extremely competitive market in which permanent price pressure adversely affected ARPU. Security services revenue was relatively stable at EUR 5.1 million, having resisted price tension through increased client acquisition.