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General

Telenet wants to be number one but still has a long way to go

Wednesday 22 February 2017 | 16:08 CET | Author: Tim Poulus | Market Commentary
Telenet reported revenues of EUR 629 million for the fourth quarter, an increase of 2.1 percent pro forma for the takeover of Base. Since Base has been consolidated (February 2016), Telenet's growth has been structurally lower. As recently as 2013 it was still showing double-digit growth and at the end of 2015 it was growing at 6 percent. For 2017 Telenet has forecast "stable" revenues, while cost savings will ensure continued growth in EBITDA and free cash flow. Telenet's ambition is to be the leading player in the Belgian market. For the moment, Proximus is still bigger, especially in

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Categories: General
Companies: Lycamobile / Orange Belgium / Proximus / SFR / Telenet / Voo
Countries: Belgium
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