Despite a fall in profit for the first trimester, Telenet confirms its plans for 2015

Despite a fall in profit for the first trimester, Telenet confirms its plans for 2015

Telenet, which announced it was taking over Base last week, has seen its net profit fall by 12% for the first trimester, to 34.1 million euros. However, its income increased by 6% to 443.4 million euros, the operator announced on Tuesday. It also confirmed plans for all its activities, which include a 4 to 5% increase in its turnover and a 4% increase in its Ebitda. The increase in its revenue is linked to its cable services and mobile telephone and B2B figures increasing by more than 10%. The number of “triple-play” subscribers (telephone, internet and television) went up by 9%, and now represents 48% of Telenet clients, the Malinois company says. It also now has more than 900,000 mobile phone subscribers (postpaid).

Sticking to figures, the company’s Ebitda fell by 1% to 235 million euros, which didn’t stop its CEO, John Porter, confirming plans for all the company’s activities.

He also spoke about the Base take-over, calling it “an important step that will give Telenet long-term access to the mobile phone market”.

(Source: Belga)


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