Mobistar SA (WKN: 916 424)
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Brussels, 24 April 2014 - Today, Mobistar (Euronext Brussels: MOBB) publishes its results for the first quarter of 2014.
Substantial improvements in network quality have led to a recognized leadership position on top of a 4G network outperforming competition in speed.Mobistar has taken significant steps in the transformation of its distribution channels.Mobistar has delivered 17.9 million euros out of its 50 million euros net operational expense savings program for 2014.Mobistar stays confident to deliver a first internet & TV offer based on the regulated cable networks by the fourth quarter of 2014.This on-going transformation process will allow Mobistar to remain and even enforce its position on the forefront of the telecom market.The results of the first quarter of 2014 enable Mobistar to keep its outlook unchanged for the full year 2014:Mobistar reached a total turnover of 317.0 million euros.Mobistar reached a restated EBITDA of 66.1 million euros.Mobistar reached an operational cash flow of 27.1 million euros.
Mobistar Investor Relations