Proximus grows domestic sales, EBITDA in Q4

Friday 24 February 2017 | 09:02 CET | News
Proximus reported revenues of EUR 1.49 billion for the fourth quarter of 2016, an organic decline of 0.8 percent year-on-year. In its home market Belgium, revenues were up 0.9 percent to EUR 1.127 billion, but the international wholesale unit BICS posted sales down 5.6 percent to EUR 363 million. EBITDA was still up 5.5 percent to EUR 441 million. For 2017, the Belgian operator targets stable revenues and slightly higher EBITDA, as it deals with the impact of EU roaming price cuts and tough competition. Investments in FTTB will increase to EUR 1 billion.

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Categories: General
Companies: BICS / Proximus
Countries: Belgium
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