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General

Mobistar targets stable EBITDA in 2015

Wednesday 4 February 2015 | 10:07 CET | News
Belgian mobile operator Mobistar reported revenues for 2014 down almost 15 percent to EUR 1.2 billion. Mobile service revenue fell 9.2 percent to around EUR 1 billion, and revenues from fixed services dropped by a quarter to just over EUR 90 million after the company exited the DSL market. EBITDA declined 18.1 percent to EUR 275 million, in line with the company's outlook, and net profit nearly halved to EUR 43 million. Capex increased to EUR 215 million from EUR 199 million in 2013, and operating cash flow rose to EUR 40 million from a negative EUR 2 million. Mobistar increased its LTE

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Categories: General
Companies: Mobistar
Countries: Belgium
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