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Mobistar raises FY EBITDA outlook
2014-10-20 09:04:00| Telecompaper Headlines
(Telecompaper) Mobistar expects to report revenues of EUR 934 million and adjusted EBITDA of EUR 218 million for the first nine months of 2014. The Belgian operator also increased its outlook for the full year, to adjusted EBITDA of EUR 260-280 million from an earlier target of EUR 250-280 million, helped by its ongoing cost reduction programme. The company said it added 55,267 new retail customers in Belgium in the third quarter, led by net growth in postpaid, particularly in the consumer market. Its total customer base, including Luxembourg and wholesale customers, reached 5.543 million at the end of September, up by 413,927 from a year earlier. ARPU in Belgium totaled EUR 23.9 per month in Q3.
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Category:Telecommunications