France-based operator Bouygues Telecom has announced that it expects its 2012 revenues to drop by 10 percent.

The company said it would implement a cost savings plan to account for cuts in call termination rates – estimated at around €350 million – the growth in SIM-only offers and the arrival of new competitor Free Mobile.

The news came as Bouygues revealed that its full year 2011 revenues increased two percent to €5.7 billion.

Net profit was down 17 percent to €370 million, while capex increased 26 percent to €859 million.

In what it described as “a fiercely competitive mobile market”, the operator said it gained 369,000 new mobile plan customers last year.

The total customer base in December 2011 numbered 11.3 million, of whom 80.6 percent were on mobile plans.

Bouygues led the fixed broadband market in France, signing up 433,000 new customers in 2011. It now has a total of 1.24 million customers as of December 2011.

More News

Belgacom hangs up on Belgium’s last phone booths Belgacom hangs up on Belgium’s last phone booths Belgacom is closing the last public telephone booths in Belgium after 83 years. More detail
MTS banks on smartphone penetration, data as Q1 profits slide MTS banks on smartphone penetration, data as Q1 profits slide MTS President and CEO Andrei Dubovskov remained defiant in the face of falling Q1 profits, claiming an increase in smartphone penetration and data traffic would help position it ahead of competitors. More detail
Telecom Italia announces IPO of mobile towers vehicle Telecom Italia announces IPO of mobile towers vehicle Telecom Italia has announced plans to list part of its wireless infrastructure on Italy’s stock exchange. More detail
Altice acquires majority stake in US cableco Suddenlink Altice acquires majority stake in US cableco Suddenlink Altice has continued its spending spree with the acquisition of 70 percent of US cableco Suddenlink. More detail
Deutsche Telekom CEO calls on OTTs to support "free competition" Deutsche Telekom CEO calls on OTTs to support Tim Höttges has used Deutsche Telekom’s annual shareholder meeting to reiterate the need for telcos and OTTs to play by the same rules. More detail
    

This website uses cookies to improve your experience. Using our website, you agree to our use of cookies

Learn more

I understand

About cookies

This website uses cookies. By using this website and agreeing to this policy, you consent to SJP Business Media's use of cookies in accordance with the terms of this policy.

Cookies are files sent by web servers to web browsers, and stored by the web browsers.

The information is then sent back to the server each time the browser requests a page from the server. This enables a web server to identify and track web browsers.

There are two main kinds of cookies: session cookies and persistent cookies. Session cookies are deleted from your computer when you close your browser, whereas persistent cookies remain stored on your computer until deleted, or until they reach their expiry date.

Refusing cookies

Most browsers allow you to refuse to accept cookies.

In Internet Explorer, you can refuse all cookies by clicking “Tools”, “Internet Options”, “Privacy”, and selecting “Block all cookies” using the sliding selector.

In Firefox, you can adjust your cookies settings by clicking “Tools”, “Options” and “Privacy”.

Blocking cookies will have a negative impact upon the usability of some websites.

Credit

This document was created using a Contractology template available at http://www.freenetlaw.com.