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General

Telenet meets FY outlook with 6% revenue growth

Wednesday 10 February 2016 | 10:18 CET | News
Belgian cable operator Telenet reported revenues for 2015 up 6 percent to EUR 1.81 billion. Adjusted EBITDA rose 5 percent to EUR 944 million, with growth held back by costs for the takeover of mobile operator Base and investments in customer service. Free cash flow improved 17 percent to EUR 279 million, and Telenet announced plans to spend up to EUR 50 million on buying back shares. Telenet reported growth in triple-play subscribers of 6 percent over the year to 1.094 million, equal to around half of homes activated. The number of mobile customers also grew by 12 percent year-on-year to

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Categories: General
Companies: Base / Telenet
Countries: Belgium
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