Mobistar H1 profit dips, sees full-year decline

20 Jul 2007

Mobistar, Belgium’s second-largest cellco by subscribers, has reported a 2.2% fall in first-half earnings, and repeated its downbeat full-year outlook. EBITDA declined to EUR302 million (USD416.8 million). Mobistar, majority owned by France Telecom forecasts that net profit and service revenues would fall this year as regulators cut roaming tariffs and mobile termination rates, the wholesale charge levied to complete a call. Its average revenue per user (ARPU) dropped to EUR36.9 in the first half from EUR39.5 a year earlier, hit in the second quarter by lower mobile termination rates, although its number of clients grew by 5.9%.

Belgium, Orange Belgium