Bouygues Telecom reports full-year 2010 results

2 Mar 2011

French fixed line, broadband and mobile services provider Bouygues Telecom said sales rose 5% year-on-year to EUR5.636 billion (USD7.786 billion) in 2010, and sales from network services were up 4% at EUR5.060 billion. The telco added that, stripping out the impact of the cut in voice and SMS call termination rates, sales from network services would have climbed by 14% year-on-year. Bouygues said that in 2010 it successfully offset the effect of reduced call termination rate differentials and higher taxes, with EBITDA rising 2% y-o-y to EUR1.367 billion, although net profit fell 6% to EUR444 million, reflecting higher amortisation charges mainly linked to commercial success in the fixed broadband segment.

Operationally, Bouygues Telecom added 842,000 net new mobile contract customers in 2010, representing 23% of net market growth for the segment. The telco had a total of 11.084 million mobile customers as at 31 December 2010, 79% of them on a monthly call plan, up 2.5 percentage points over the year. In addition, strong growth continued in the fixed broadband business, with 154,000 new customers signing up in the fourth quarter of 2010, and 494,000 over the year as a whole, giving the operator a total of 808,000 fixed broadband customers at the year end.

France, Bouygues Telecom