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Profit Slump Continues for Telekom Slovenije in Q1

Ljubljana, 13 May - After falling short of profit targets in 2014, telecoms incumbent Telekom Slovenije saw a continued earnings slump in the first quarter of the year, as net profit fell 41% year-on-year to EUR 7.2m. Despite an increase in subscribers in core activities, group revenues were down 6% to EUR 181.8m.

Ljubljana
The corporate headquarters of telco Telekom Slovenije
Photo: Tamino Petelinšek/STA

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