Mobistar Q1 2014 results

Mobistar is delivering on its transformation program

Brussels, 24 April 2014 - Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the first quarter of 2014.

• Substantial improvements in network quality have led to a recognized leadership position on top of a 4G network outperforming competition in speed.
• Mobistar has taken significant steps in the transformation of its distribution channels.
• Mobistar has delivered 17.9 million euros out of its 50 million euros net operational expense savings program for 2014.
• Mobistar stays confident to deliver a first internet & TV offer based on the regulated cable networks by the fourth quarter of 2014.
• This on-going transformation process will allow Mobistar to remain and even enforce its position on the forefront of the telecom market.
• The results of the first quarter of 2014 enable Mobistar to keep its outlook unchanged for the full year 2014:
  • Mobistar reached a total turnover of 317.0 million euros.
  • Mobistar reached a restated EBITDA of 66.1 million euros.
  • Mobistar reached an operational cash flow of 27.1 million euros.

Mobistar Investor Relations

For the full PDF version, please click here below:

Q1 14 results - NL
Q1 14 results - FR
Q1 14 results - EN

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Source: Mobistar via Globenewswire

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