TGO: adjusted EBITDA and ARPA rise as revenue slips ahead of 2028 auction
TGO reported that third-quarter revenue fell 3.2%, while adjusted EBITDA rose 3.9%, ARPA climbed 4.6% and the net loss narrowed.
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what happened
According to TradingView, TGO's third-quarter revenue fell 3.2% year on year, while adjusted EBITDA rose 3.9% and the net loss narrowed.
Average revenue per user (ARPA) increased 4.6%. Management is focused on turning pipeline opportunities with larger corporate customers into contracts and is preparing for the 2028 mmWave auction.
why it matters
Higher EBITDA and ARPA alongside shrinking revenue point to better margins and monetisation of the existing customer base rather than business expansion. Investors may watch preparations for the 2028 mmWave auction, since taking part is linked to future spending.
tags
instruments
sources
- TGO: Adjusted EBITDA and ARPA rose as revenue declined and the 2028 mmWave auction approached — TradingView, 12 November 2026 at 23:57 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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