Telenet maintains FY outlook as Q3 revenue grows 5.9%

Thursday 29 October 2015 | 16:00 CET | News
Belgian cable operator Telenet reported third-quarter revenues up 5.9 percent year-on-year to EUR 485 million. Growth was strongest in mobile (+12%), followed by the business market (+11%), fixed telephony (+7%), broadband (+6%) and video (+1.3%). The cost of sales rose just 2.9 percent, leading to an increase in the gross margin to 46 percent. SG&A costs rose a faster 24 percent, limiting the EBITDA margin to 53 percent. Net profit halved compared to year ago to EUR 11 million. Telenet maintained its targets for 2015, for 5-6 percent growth in revenue, 4-5 percent higher EBITDA and free cash

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.


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: Base / Telenet
Countries: Belgium
::: add a comment

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.


Telenet meets FY outlook with 6% revenue growth

Published 10 Feb 2016 10:18 CET | Belgium
Belgian cable operator Telenet reported revenues for 2015 up 6 percent to EUR 1.81 billion. Adjusted EBITDA rose 5 percent to EUR ...

Telenet passes 1 mln mobile customers

Published 19 Jan 2016 08:45 CET | Belgium
Belgian operator Telenet said it's passed the milestone of 1 million mobile customers. To mark the moment, the company is giving ...

Liberty Global improves customer numbers in Q3

Published 06 Nov 2015 08:23 CET | Europe
Liberty Global reported improving customer numbers in the third quarter, with the net addition of 320,000 new subscribers. Growth ...

Proximus raises FY EBITDA outlook again

Published 30 Oct 2015 10:11 CET | Belgium
Belgian operator Proximus raised its outlook for the full year again after reporting solid third-quarter results. The company ...

Telenet Q3: omzetgroei 5,9%, outlook gehandhaafd

Published 29 Oct 2015 11:50 CET | Belgium
Telenet maakt de resultaten bekend over het derde kwartaal. De omzet steeg met 5,9 procent tot 458 miljoen euro. De groei was het ...

Base improves postpaid net adds to 13,000 in Q3

Published 27 Oct 2015 11:13 CET | Belgium
Belgian mobile operator Base said it added 13,000 new postpaid customers in the third quarter, helped by its new tariff plans ...

Telenet gets streaming exclusive with new VTM series

Published 26 Oct 2015 10:37 CET | Belgium
Telenet announced that it will offer the new series 'Amigos' from Flemish broadcaster VTM exclusively on its Play service for the ...

Telenet, Proximus remain dominant on Belgian fixed market

Published 09 Oct 2015 15:45 CET | Belgium
The Belgian consumer market for fixed services generated revenues of EUR 678 million in the second quarter, with Telenet ...

Telenet introduces Corporate Fibernet 240/25

Published 01 Oct 2015 14:47 CET | Belgium
Telenet Business has introduced Corporate Fibernet 240/25, its fastest cable internet product. The service includes a VDSL ...

Telenet launches upgraded Telenet Mobile app

Published 29 Sep 2015 17:10 CET | Belgium
Belgian cable operator Telenet has introduced a new version of its Telenet Mobile app. The latest version features a function ...

Belgian Broadband 2015 Q2

Published 28 Sep 2015 15:00 CET | Belgium
This report analyses developments in the Belgian market for broadband internet services during the second quarter of 2015, and ...

Liberty Global files concessions in EC review of Base deal

Published 16 Sep 2015 12:00 CET | Belgium
Liberty Global has submitted proposals to the European Commission in its competition review of the cable operator's planned ...

Telenet adds new features to Yelo Play app

Published 15 Sep 2015 16:34 CET | Belgium
Belgian cable operator Telenet has updated its Yelo Play app with two new features aimed at series lovers. Under the Mijn TV ...

Telenet introduces virtual PBX for small businesses

Published 17 Aug 2015 11:16 CET | Belgium
Belgian operator Telenet Business is launching FreePhone Business, a  new telephony service with a virtual IP PBX for small and ...

Telenet raises FY outlook after strong Q2

Published 30 Jul 2015 11:07 CET | Belgium
Belgian cable operator Telenet reported second-quarter revenues up 6 percent from a year earlier to EUR 449 million, and adjusted ...

Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items