News
French telco ends September with 6.5 million 4G users, 91,000 FTTH customers.
Bouygues Telecom on Wednesday announced it swung to a €57 million net profit for the nine months to 30 September.
Sales for the period reached €3.5 billion, up 6% year-on-year, while EBITDA jumped 23% to €697 million. The French telco swung to an operating profit of €117 million compared to a year-earlier operating loss of €85 million, thanks to a network-sharing agreement with rival SFR, and a €56 million capital gain from the sale of mobile towers to Cellnex.
Bouygues Telecom ended September with 12.66 million mobile customers, having added 770,000 during the first nine months of the year. Of that total, 6.5 million are 4G users, and their average data consumption in September was 3.7 GB, up from 2.3 GB a year ago.
On the fixed-line side, Bouygues added 215,000 new customers during the nine months to 30 September, leaving it with 3 million in total. The telco now boasts 448,000 very-high-speed fixed broadband customers, which includes 91,000 fibre-to-the-home (FTTH) customers.
Bouygues Telecom swung to €57 million net profit for the period, compared to a net loss of €50 million a year earlier.
The company confirmed its full-year EBITDA margin target of 25% for 2017, and said it is on track to hit its savings target of €400 million in 2016 compared to end-2013. Net capital expenditure is expected to reach around €800 million in 2016.
