Vienna - Austria's largest telecommunications provider Telekom Austria AG on Wednesday reported a 26.3-per-cent profit drop to 96.3 million euros (141.5 million dollars) in the second quarter, as interest costs and marketing expenses affected results.
Earnings before interest, taxes, amortization and depreciation (EBITDA) rose 0.6 per cent to 469.1 million euros, compared with the second quarter of last year.
Marketing costs for the Euro football championships in June dampened earnings, the company said in a statement.