Mobistar is delivering on its transformation program
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
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