Hungarian mobile operator Pannon says it added 47,000 net new users in the three months to 30 June 2007, raising its total to 3.197 million. Year-on-year, the cellco added a quarter of a million new users, 153,000 of which were post-paid and the remainder pre-paid users. However, revenues dipped to HUF47.2 billion (USD264.5 million) in the second quarter, down from HUF48.4 billion in Q2 2006, and EBITDA fell from HUF19.23 billion to HUF18.49 billion; the EBITDA margin slipped from 39.7% in 2Q06 to 39.2%. The company said CAPEX levels in the period were above those of the first three months of the year as it looked to intensify its 3G/HSDPA rollout. At the start of July Pannon said its mobile broadband networks covered virtually 100% of the population, and this is now being augmented with 3G/HSDPA coverage.
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