MásMóvil's revenue grew 3% in 2023 before its merger with Orange

MásMóvil’s total income in 2023 reached 2,979 million euros, 3% more, while income from telecommunications services alone, of 2,496 million, grew by 6.2% in the last year before the merger with Orange. However, the adjusted gross operating margin (ebitda), of 1,189 million, fell 1%. The reported ebitda, which stood at 1,136.9 million, also fell 1%. The net result recorded losses of 240 million compared to the profits of 443 million of the previous year, while the group’s net debt rose by 259 million more, to 6,541 million (+4%), which represents a debt ratio ebitda of 5.4 times.

The total income of the telecommunications operator MásMóvil during 2023 grew by 3% to 2,979 million euros. Service revenues increased by 3.3%, to 2,734 million euros. For its part, income from services

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