Hurrah – Mobistar profits up 11% on improved post-paid ratio

9 Feb 2006

Belgian telco Mobistar has reported an 11.2% growth in net profit for 2005 on the back of strong gains in contract mobile customers. Mobistar posted full-year net profit of EUR270.2 million, up from EUR243 million in 2004, as service revenues climbed 10% to EUR1.404 billion. Mobistar ended 2005 with 2.91 million mobile subscribers, up 2.4%, with contract customers accounting for almost 44% of its base, up from 35% in 2004, including strong gains in the SoHo and SME segments. In turn, blended mobile ARPU grew 3.8% to EUR38.02 a month. Mobistar is also present in the fixed line market and added DSL broadband to its portfolio of services in October 2005, ending the year with around 3,000 subscribers.

Belgium, Orange Belgium