Q1 revenues were up by 0.7% yoy. A good number indeed as Domestic revenues were up by a very solid 3.2% while revenue from BICS (the International Carrier division combined with that of the African telco MTN) were down by 6.6%, like in Q4, due to a less favourable destination mix. And, as in 2016, the good news was the strong increase in EBITDA (+4% yoy, the regional pylon tax effect aside) driven by the ongoing firm reduction in operating expenses. Taking into account the implementation of &
09 May 2017
Robust customer growth
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Robust customer growth
Proximus SA (PROX:WBO) | 0 0 1.5% | Mkt Cap: 8,762m
- Published:
09 May 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
Q1 revenues were up by 0.7% yoy. A good number indeed as Domestic revenues were up by a very solid 3.2% while revenue from BICS (the International Carrier division combined with that of the African telco MTN) were down by 6.6%, like in Q4, due to a less favourable destination mix. And, as in 2016, the good news was the strong increase in EBITDA (+4% yoy, the regional pylon tax effect aside) driven by the ongoing firm reduction in operating expenses. Taking into account the implementation of &