Mobistar meets its 2013 financial guidance while accelerating structural transformation and investments in mobile broadband and convergence
Brussels, 27 February 2014 - Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the financial year 2013. In a highly competitive mobile market, Mobistar meets its 2013 financial guidance while accelerating structural transformation and investments:
- Mobistar delivered its 2013 savings program notably with the transformation of its core distribution, and reconfirms its cost reduction ambition for 2014.
- Mobistar increased investments in its network by 22.8% and acquired a 4G licence to address the increasing demand for high speed mobile data.
- Mobistar was the first operator to move on the new cable regulation and entered a go-to-market phase targeting a launch before year end.
- A total turnover of 1,461 million euro vs a guidance of minimum 1,452 million euro.
- A restated EBITDA of 336 million euro vs a guidance of minimum 300 million euro.
- A restated operational cash-flow of 137 million euro vs a guidance of minimum 100 million euro.
Mobistar Investor Relations
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