Mobistar : Q3 2012 results

The Mobistar group posts 4 % growth in its mobile customer base and an increase of 1.4 % in its revenues except regulation

Brussels, 23 October 2012 - Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the first nine months of 2012. These results are in line with the forecasts, despite the impact of the regulation on the turnover and EBITDA of the Mobistar group. The new Animals mobile subscriptions, launched last April, already convinced 335,000 customers by the end of September 2012. During the course of the third quarter of 2012, Mobistar also launched several initiatives designed to better serve its customers, and the improvement of the fixed lines activation process will allow Mobistar to relaunch its commercial efforts in this segment during the fourth quarter of 2012. These different initiatives made it possible to partially offset the impact of the reduction in the roaming and mobile termination rates, which amounts to 41.6 million euros on the consolidated turnover and 21.5 million euros on the EBITDA of the group for the first nine months of 2012. During the meeting of 19 October,  the Board of Directors decided to reorient the IT modernisation programme so as to better adapt it to the market evolutions. This reorientation will give rise to accelerated depreciations of the IT infrastructure involved for a gross amount of at most 20 million euros in the fourth quarter of 2012. The Mobistar group maintains its forecasts for the 2012 financial year, except for the accounting impact of these accelerated depreciations on the net result only and without impact on the cash flow.  

Mobistar Investor Relations

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Q3 2012 results - FR
Q3 2012 results - UK
Q3 2012 results - NL

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