Telekom Slovenije group revenue, profit down in Q1

Ljubljana, 13 May - The Telekom Slovenije group generated EUR 157.5 million in revenue in the first quarter of the year, down 6% from the same period last year. Net profit dropped by 14% to EUR 9.7 million. The business operations were still affected by the epidemic, while the revenue drop is partly attributed to a drop in revenue from IT licenses.

Ljubljana HQ of Telekom Slovenije Photo: Tamino Petelinšek/STA

Ljubljana
HQ of Telekom Slovenije
Photo: Tamino Petelinšek/STA

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