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General

Mobistar grows Q1 sales 2.3%

Friday 22 April 2016 | 10:28 CET | News
Belgian mobile operator Mobistar reported an increase of 2.3 percent in first-quarter sales to EUR 309 million, driven by the continued migration to postpaid and monetisation of data services. Adjusted EBITDA rose 4.1 percent to EUR 72.7 million, but was down 23 percent on a reported basis to EUR 54 million, hurt by an accounting charge of EUR 18.9 million for the towers tax in Wallonia. This led to an almost 90 percent fall in net profit to EUR 1.5 million. Mobistar maintained its full-year outlook for adjusted EBITDA of EUR 270-290 million, excluding the costs of its launch of fixed

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Categories: General
Companies: Mobistar / Orange / Orange Luxembourg
Countries: Belgium / Luxembourg
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