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Wireless

Virgin Mobile France FY headline EBIT reaches GBP 20.6 mln

Tuesday 14 June 2011 | 09:45 CET | News
MVNO Virgin Mobile France turned around its profitability in the year to March, in large part due to the acquisition of Swedish operator Tele2's French customer base in December 2009. Retail chain Carphone Warehouse, one of Virgin Mobile France's two parent companies (the other being Omea Telecom), reported that its joint-affiliate's headline EBIT progressed from a GBP 22.2 million loss last year to a GBP 20.6 million profit this year. The operator's EBITDA hit GBP 24.3 million, up from a GBP 19.3 million loss, on a revenue that jumped 41.1 percent to GBP 328.4 million. Organic revenue growth

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Categories: Mobile & Wireless
Companies: Carphone Warehouse / Omea Telecom / SFR / Virgin Mobile France
Countries: France
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