The group released last week its Q3 results. Q3 revenues were down by 3.2% yoy, like in Q2 (as a reminder, revenues were, however, up by 0.7% yoy in Q1). Domestic revenues were indeed only stable yoy (as expected given the impact of the “Roam like at home” regulation), while revenue from BICS (the International Carrier division combined with that of the African telco MTN) were down by 12.1%, like in Q2, driven by volatility in the voice business, combined with a less favourable de
09 Nov 2017
Solid Consumer results despite the roaming regulation
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Solid Consumer results despite the roaming regulation
Proximus SA (PROX:WBO) | 0 0 1.5% | Mkt Cap: 8,762m
- Published:
09 Nov 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
The group released last week its Q3 results. Q3 revenues were down by 3.2% yoy, like in Q2 (as a reminder, revenues were, however, up by 0.7% yoy in Q1). Domestic revenues were indeed only stable yoy (as expected given the impact of the “Roam like at home” regulation), while revenue from BICS (the International Carrier division combined with that of the African telco MTN) were down by 12.1%, like in Q2, driven by volatility in the voice business, combined with a less favourable de