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General

Telenet organic revenue growth slows to 1% in Q3

Thursday 27 October 2016 | 09:49 CET | News
Belgian operator Telenet announced third-quarter revenues of EUR 621 million, up 35 percent year-on-year thanks to its takeover of mobile operator Base, but just 1 percent higher on a pro forma basis. The company said it faced both regulatory and competitive headwinds as well as a lower contribution from its 'Choose Your Device' programme launched last year. Adjusted EBITDA rose 22 percent to EUR 295 million and grew 3 percent year-on-year on a pro forma basis. Telenet said it was on track with achieving the targeted EUR 220 million in annual cost savings from the merger. The company

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Categories: General
Companies: Base / Telenet
Countries: Belgium
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