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Mobistar Q2 service revenues fall 2.5%

Friday 24 July 2015 | 09:36 CET | News
Belgian mobile operator Mobistar reported second-quarter revenues down 2.5 percent from a year earlier to EUR 312.2 million. Service revenue fell 3.6 percent to EUR 268.9 million, hurt by regulatory effects and the loss of customers, and adjusted EBITDA declined 2.7 percent to EUR 72.2 million. The  EBITDA margin still improved to 26.9 percent from 26.6 percent a year ago, helped reductions in operating costs including a 9 percent headcount reduction in the past year. Net profit was down 11.6 percent to EUR 13.3 million. After a 23.5 percent fall in investment to EUR 42.5 million, Mobistar's

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Categories: Mobile & Wireless
Companies: Mobistar
Countries: Belgium
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