0
General

Proximus raises FY outlook after strong Q3

Friday 28 October 2016 | 10:41 CET | News
Belgian operator Proximus raised its outlook for 2016, following a strong increase in underlying results in Q3. It now expects annual adjusted EBITDA growth of 3-4 percent this year, after 3.0 percent in the year to date, and maintained its forecast for a small increase in domestic revenues, after 0.7 percent growth in the first nine months. In the third quarter, Proximus reported revenues down 1.4 percent to EUR 1.487 billion, due mainly to a 9.1 percent fall at its wholesale unit BICS. The company said underlying revenues in Belgium rose 1.5 percent. The group's adjusted EBITDA rose 4.7

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Proximus
Countries: Belgium
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Belgian operators cut opex ahead of increase in capex

Published 29 Dec 2016 14:21 CET | Belgium
Belgium's three largest telecom operators increased their sales by 10 percent in the third quarter of 2016. The increase was ...

Proximus converts to FTTP, roll-out to start in 2017

Published 16 Dec 2016 08:35 CET | Belgium
Belgian operator Proximus has announced plans to invest EUR 3 billion in rolling out FTTP over the next ten years. The company ...

Proximus verhoogt vooruitzichten op ebitda-groei in Q3

Published 28 Oct 2016 10:36 CET | Belgium
Proximus verhoogt de vooruitzichten voor het lopende boekjaar, gebaseerd op een 5,5%-groei van de EBITDA in het derde kwartaal, ...

Telenet organic revenue growth slows to 1% in Q3

Published 27 Oct 2016 09:49 CET | Belgium
Belgian operator Telenet announced third-quarter revenues of EUR 621 million, up 35 percent year-on-year thanks to its takeover ...

Proximus bundles all services with Tuttimus, Bizz All-in

Published 17 Oct 2016 19:54 CET | Belgium
Belgian operator Proximus has added two quad-play subscriptions to its offer: Tuttimus for consumers and Bizz All-in for business ...

Proximus revamps sports packages, offers football app

Published 01 Aug 2016 10:26 CET | Belgium
Proximus has refreshed its sports TV packages and launched the new app Proximus 11. The number of sports packages is reduced from ...

Proximus Q2 sales fall 3% on BICS, roaming cuts

Published 29 Jul 2016 11:01 CET | Belgium
Belgian operator Proximus reported second-quarter revenues down 3.2 percent year-on-year to EUR 1.463 billion, hurt by a sharp ...

Proximus sees high take-up of early retirement offer

Published 30 May 2016 15:40 CET | Belgium
Belgian operator Proximus's offer of early retirement to employees has seen high uptake, according to L'Echo. The company ...





Calendar   /   Industry Events

07 Aug Starhub Q2 2020
07 Aug O2 Czech Republic Q2 2020
07 Aug TDS, US Cellular Q2 2020
07 Aug Dish Network Q2 2020
10 Aug Gogo Q2 2020
10 Aug Ceva Q2
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
11 Aug Radcom Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
12 Aug China Unicom Q2 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug Tecnotree H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
13 Aug RTL Group Q2 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug China Mobile H1 2020
::: More Calendar Items