Salt/Matterhorn (Equal Weight) Q3 24: Slower growth again, ARPU trends are a concern
Salt has reported a decent set of results, but SR and EBITDAaL growth is again slower sequentially. Price competition remains elevated in Switzerland, and although Salt is continuing to outperform the market in SR terms thanks to KPI gains, ARPUs have taken another step down, which adds risk to the future growth trajectory.
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