Q3 revenues were up by 6.5% yoy, but above all by 2.5% qoq: a good number as its qoq growth was only 0.5% in Q2 and 0.7% in Q1. If we look at the breakdown: - on the Mobile side: revenues were up by 12.5% yoy and by a surprising +5% qoq with, beyond just good recruitment (305k new customers vs +227k for Bouygues Telecom, the two having now the same mobile base at c.12.5m), the fact that many customers have moved from the €2 plan to the €20 plan. - on the Fixed side: revenues were up
16 Nov 2016
The strategy to move customers toward the €20 plan has been working
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The strategy to move customers toward the €20 plan has been working
- Published:
16 Nov 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Q3 revenues were up by 6.5% yoy, but above all by 2.5% qoq: a good number as its qoq growth was only 0.5% in Q2 and 0.7% in Q1. If we look at the breakdown: - on the Mobile side: revenues were up by 12.5% yoy and by a surprising +5% qoq with, beyond just good recruitment (305k new customers vs +227k for Bouygues Telecom, the two having now the same mobile base at c.12.5m), the fact that many customers have moved from the €2 plan to the €20 plan. - on the Fixed side: revenues were up