Mobistar Q3 2014 results

Postpaid customer base back to growth in Q3
and full year restated EBITDA guidance floor raised

Brussels, 20 October 2014 - Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the first nine months of 2014.

• Mobistar's retail customer base in Belgium increased sequentially by 55,267 in the third quarter, sustained by network quality and 4G launch. The postpaid net additions turned back positive in the third quarter with a particularly solid performance in the residential segment.
• Mobistar increased the number of connected SIM cards on its network in Belgium and Luxembourg by 413,927 year-on-year to reach a total of 5,543,486.
• The blended ARPU in Belgium in the third quarter amounted to 23.9 euros, confirming the stabilisation versus the previous quarters.
• The results of the first nine months of 2014 confirm the sequential improvement of its financial performance quarter after quarter, reaching:
  • a total turnover of 934 million euros.
  • a restated EBITDA of 218 million euros.
  • an operational cash flow of 69 million euros.
• Mobistar generated more than 43 million euros of net OPEX savings in the framework of its transformation program.
• Mobistar's decision to accelerate its investments in the LTE roll-out led to a confirmation of its number 1 position in terms of 4G coverage in Belgium.
• Mobistar is raising its restated EBITDA guidance floor for the full year 2014, by narrowing its range to between 260 and 280 million euros from between 250 and 280 million previously.
• Mobistar confirms it will have its first very high-speed broadband and digital TV cable users connected before the end of the year, as the first step of its progressive entry in the convergent market.

Mobistar Investor Relations

For the full PDF version, please click here below:

Q3 2014 results - NL
Q3 2014 results - UK
Q3 2014 results - FR

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Source: Mobistar via Globenewswire

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