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Wireless

Base service revenues fall 4.4% in Q3

Tuesday 28 October 2014 | 10:08 CET | News
Belgian mobile operator Base reported third-quarter revenues down 2.8 percent year-on-year to EUR 176 million. The company said the market was starting to show signs of stabilisation, but competition remained tough, with intensive handset promotions. Service revenues fell 4.4 percent to EUR 151 million. Adjusted EBITDA dropped 19 percent to EUR 38 million, hurt by lower revenues, higher traffic costs as a result of flat-fee propositions and a provision for site taxes in the Walloon region of EUR 2 million. The adjusted EBITDA margin fell to 21.6 percent from 26.0 a year ago. Base also

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Categories: Mobile & Wireless
Companies: Base
Countries: Belgium
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