16 Nov 2011
French fixed and mobile operator Bouygues Telecom has reported a 3% annualised rise in revenue for the first nine months of this year to EUR4.285 billion (USD5.819 billion), of which network service revenues were up 2% at EUR3.831 billion. The results were broadly inline with expectations and also saw EBITDA negatively impacted as a result of a cut in local mobile termination rates. EBITDA was EUR1.035 billion in 9M11, down 6% year-on-year, while operating profit stood at EUR550 million and net profit was EUR353 million.
Operationally speaking, Bouygues Telecom said that despite a fiercely competitive mobile market it added a net 275,000 mobile customers in the first nine months of 2011. At end-September 2011 the cellco’s total wireless user base reached 11.217 million, 80.4% of whom were on monthly contracts (a y-o-y increase of 1.5 percentage points). Further, Bouygues said the total number of MVNO customers on its network also continued to grow, reaching 1.3 million at the end of Q3 2011. In terms of fixed broadband additions, Bouygues added a net 311,000 new connections in 9M11 for a total of 1.119 million.