Brussels, 24 April 2014 – Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the first quarter of 2014.
‘The proper execution of its transformation program secures better prospects for Mobistar. During the first quarter, Mobistar has regained its leadership position in terms of network quality. Mobistar is now engaged in the completion of the transformation of its distribution network, in order to better leverage this key advantage. As regards to its IT and organisational structure, Mobistar pursues its cost streaming effort further.’ commented Jean-Marc Harion (CEO).
Ludovic Pech (CFO) added: ‘The first quarter of 2014 confirmed that the last quarter of 2013 was a trough in terms of service revenue evolution. The improving trend noticed during the first quarter should continue into the coming quarters as the backbook has been largely repriced. The market repricing should also start losing its intensity. The uptake of mobile data progresses well and should be boosted further with the commercial launch of 4G’.