Mobistar closes first quarter 2010 with turnover up by 6.06 %

Today, Mobistar publishes its financial results for the first quarter of 2010. The operator presents excellent turnover and net profit results, and thus can confirm its forecasts for the 2010 financial year, despite announced regulatory pressure and increased competition.

Key facts:

• The total number of active mobile customers of the Mobistar group was 3,881,097 at the end of the first quarter of 2010, an increase of 16,735 customers compared with the previous year.
• The number of Mobistar S.A. mobile Internet customers grew by 51.43 %. amounting to 88,603 at the end of March 2010.
• At the end of March 2010, Mobistar S.A. had 42,421 ADSL customers, an increase of 64.33 % compared with the previous year. The number of active fixed telephone lines reached 157,108 at the end of the first quarter of 2010,an increase of 22.96 % compared with the end of March 2009.
  
• The consolidated turnover of the Mobistar group grew by 6.06 %. amounting to 393.6 million euros at the end of March 2010.
• Mobistar S.A. succeeded in maintaining its ARPU at a level comparable to the one of the previous year (31.86 euros), despite the impact of regulation and competition.
  
• The use of mobile Internet and SMS continues to expand in 2010. At the end of March, the share of mobile data in Mobistar S.A. service revenues amounted to 31 % compared with 27.4 % a year earlier.
• At the end of the first quarter of 2010, the EBITDA margin on service revenues of the Mobistar group was 37.8 %, compared with 38.3 % a year earlier.
• At the end of the first quarter of 2010, the Mobistar group recorded a consolidated net profit amounting to 68.5million euros, an increase of 13.98 % compared to the end of March 2009.
  
• The results of the first quarter of 2010 allow Mobistar to confirm its forecasts for the 2010 financial year.

Download the entire press release (.pdf)