Strong first half results reported by neuf Cegetel

10 Aug 2007

Alternative telco neuf Cegetel reports that first half sales grew 10.9% year-on-year to EUR1.57 billion (USD2.16 billion), helping gross operating profit to climb 30% to EUR331 million. The strong performance was driven largely by the group’s mass market division, where revenue came in at EUR610 million, up an impressive 49.2%. Operationally speaking, monthly broadband ARPU was EUR32.9 for the six month period, compared with 31.5 last year, leading to the telco to reaffirm its target of reaching EUR35 by the end of 2007.

France, neuf Cegetel