Slovakian quadruple-play operator Slovak Telekom (ST), part of the Deutsche Telekom group, has posted a 12% year-on-year fall in net income to EUR106 million (USD141 million), on total revenues which dropped 4% to EUR897 million. Mobile revenues of ST’s T-Mobile branded services saw the biggest relative turnover decline, with segment sales decreasing by 6% on the previous year to EUR470 million in 2011, partly affected by regulatory factors, the telco said. Fixed network (T-Com branded) operations were slightly more resilient in revenue terms, contributing EUR461 million in the year, a 0.8% slide.
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OVETEL Slovak Telekom reports 12% profit drop, launches secondary lawsuit against regulator
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