0
General

Telenet revenues slide 3% in Q2, hit by effects from coronavirus pandemic

Thursday 30 July 2020 | 10:53 CET | News
Belgian operator Telenet reported a lower set of results for the second quarter, pulled down by the effects of the covid-19 pandemic. Revenues was down 3 percent year-on-year to EUR 619.2 million, the gross profit slipped 6 percent to EUR 286.5 million, the operating profit was off 14 percent to EUR 148.9 million, and the net profit declined 25 percent to EUR 31.7 million. The adjusted EBITDA went up 2 percent to USD 352.4 million, helped by lower costs and expenses. Net cash from operating activities declined 13 percent to EUR 289.2 million, with adjusted free cash flow went 3 percent lower

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: Telenet
Countries: Belgium
::: add a comment
This article is part of dossier

Coronavirus


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

Telenet reports lower sales in Q3, growth in FMC

Published 29 Oct 2020 09:04 CET | Belgium
Telenet reported revenues off 2 percent year-on-year to EUR 637.9 million in the third quarter, pulled down the impact of the ...

Belgian mobile service revenues fall nearly 8% in Q2 as Covid restrictions hit roaming income

Published 14 Aug 2020 10:16 CET | Belgium
The Belgian mobile market slowed significantly in the second quarter, after the country was put on lockdown to stem the spread of ...

Liberty Global revenues fall 4.5% in Q2, hit by covid-19 effects

Published 04 Aug 2020 09:38 CET | Europe
Fixed-mobile convergence (FMC) continued to drive mobile growth, with 100,000 postpaid additions, and penetration reached 23 ...

Proximus revenue fall worsens to 5.9% in Q2, EBITDA down 1.5%

Published 31 Jul 2020 10:23 CET | Belgium
Belgian operator Proximus saw the drop in revenues worsen in the second quarter due to the coronavirus pandemic. Sales fell 5.9 ...

Telenet ziet omzet Q2 3% dalen, impact van Covid-19

Published 30 Jul 2020 09:20 CET | Belgium
Telenet heeft over de eerste zes maanden van dit jaar een omzet gerealiseerd van EUR 1,272 miljard, 1 procent meer dan in ...

Orange Belgium sales turn lower in Q2 on drop in handset, roaming revenues

Published 24 Jul 2020 10:33 CET | Belgium
Orange Belgium reported strong growth in EBITDAaL in the second quarter, despite the impact of the Covid-19 pandemic. Customer ...

Telenet goes live with new Netcracker BSS

Published 14 Jul 2020 16:33 CET | Belgium
Netcracker Technology announced that Belgian operator Telenet has gone live with Netcracker's Digital BSS. The new system will ...

Telenet rolls out Netflix app to older STBs

Published 23 Jun 2020 11:07 CET | Belgium
Belgian cable operator Telenet is expanding access to Netflix for its TV customers. Subscribers with the previous generation ...

Telenet brings The Park VR experience to homes

Published 16 Jun 2020 10:48 CET | Belgium
Telenet is expanding its VR experience to the home. The Belgian operator already operates several VR experience centres around ...

Telenet starts awareness campaign on sharenting

Published 15 Jun 2020 14:40 CET | Belgium
Belgian operator Telenet is launching an awareness campaign on 'sharenting'. A survey by the company found that four in ten ...

Telenet introduces Ring doorbell and Nuki smart lock

Published 29 May 2020 12:03 CET | Belgium
Belgian operator Telenet has started selling smart home products. The first offers in its web shop are the Nuki Combo 2.0 lock ...

Telenet sees network traffic peaks of up to 70% during lockdown

Published 06 May 2020 13:34 CET | Belgium
Belgian operator Telenet said that data traffic has jumped over its networks since the coronavirus lockdown....

Telenet partners Nviso to expand cybersecurity services

Published 05 May 2020 10:18 CET | Belgium
Telenet Business announced a partnership with Nviso to develop cybersecurity services. The Belgian operator said the cooperation ...

Telenet trims FY outlook as coronavirus leads to flat underlying sales in Q1

Published 30 Apr 2020 09:15 CET | Belgium
Belgian operator Telenet reported first-quarter revenues of EUR 653 million, up 4 percent from a year earlier thanks to its ...





Calendar   /   Industry Events

27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Uptime
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Crown Castle Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
28 Jan Samsung Electronics Q4 2020
29 Jan Airtel Africa Q4 2020
29 Jan Charter Communications Q4 2020
29 Jan Ericsson Q4 2020
29 Jan Telia Q4 2020
29 Jan NEC fiscal Q3
01 Feb NXP Semiconductors Q4 2020
01 Feb Harmonic Q4 2020
01 Feb On Semiconductor Q4
01 Feb Cirrus Logic Q3
02 Feb Viavi fiscal Q2
02 Feb Alphabet Q4 2020
02 Feb FireEye Q4 2020
02 Feb Telenor Q4 2020
02 Feb Vodacom fiscal Q3
02 Feb Tele2 Q4 2020
::: More Calendar Items