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General

Bouygues Telecom adds customers but sales, profits slump

Wednesday 29 February 2012 | 08:54 CET | News
French mobile and broadband operator Bouygues Telecom added 396,000 new mobile customers in 2011, taking the total customer base to 11.3 million. The proportion of mobile plan customers grew by 1.7 points to 80.6 percent. The MVNO customer base increased to an estimated 1.6 million at the end of the year. Bouygues Telecom's revenues grew by 2 percent to EUR 5.74 billion, with EBITDA down 7 percent to EUR 1.27 billion due to a regulated cut in mobile termination rates. As a consequence, net profit went down 17 percent to EUR 370 million last year. Fixed broadband users grew by 433,000 to 1.24

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Categories: General
Companies: Bouygues Telecom
Countries: France
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