Mobistar reports lower third quarter EBITDA

26 Oct 2009

Belgium’s second largest cellco by subscribers, Mobistar, has reported third quarter EBITDA of EUR142.4 million, below analyst forecasts of EUR146 million and representing a 5.3% fall year-on-year. The company said that regulatory measures such as lower roaming rates effective from 1 July had put pressure on revenues. However, handset sales recorded a boost from the new Apple iPhone, for which Mobistar has exclusive rights to market in Belgium.

Belgium, Orange Belgium