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Belgacom grows revenues, customer base in Q1
2015-05-08 09:43:00| Telecompaper Headlines
(Telecompaper) Belgacom reported first-quarter underlying sales of EUR 1.479 billion, up 5.5 percent from a year earlier. Revenues from core activities increased 3.3 percent, and group EBITDA rose 3.8 percent year-on-year to EUR 423 million. Capital expenditure was up 26 percent to EUR 227 million, driven by the roll-out of LTE, which reached 94.9 percent outdoor population coverage and 77.2 percent indoors at the end of March. Belgacom said it had very strong operational results in the quarter, strengthening its market share to 45.4 percent in internet and 33.9 percent for digital TV. The Belgian operator maintained its outlook for 2015 results. Consumer revenues were up 5.3 percent to EUR 711 million, with EBITDA of EUR 354 million. The enterprise unit posted turnover of EUR 392 million, up 2.2 percent, and the wholesale international division BICS grew by 11.9 percent to EUR 357 million.
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Category:Telecommunications