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

Revenues down at Alcatel-Lucent as Shift Plan’s “second chapter” begins Revenues down at Alcatel-Lucent as Shift Plan’s “second chapter” begins Alcatel-Lucent continued to make a loss in the third quarter and revenues fell as the France-based vendor said it is moving on from cost reduction to focus on innovation. More detail
Broadband, TV growth not enough to offset Q3 revenue decline at BT Broadband, TV growth not enough to offset Q3 revenue decline at BT Revenues were down at BT in the three months to September, despite continued growth in the operator’s consumer broadband and TV business. More detail
Ericsson Sparks OSS/BSS push, forms partnership with TIBCO Ericsson Sparks OSS/BSS push, forms partnership with TIBCO Ericsson has revealed that New Zealand’s leading operator has deployed its OSS/BSS software and that it has signed a global partnership with TIBCO.   More detail
Alcatel-Lucent announces big wins in China, the US and Nigeria Alcatel-Lucent announces big wins in China, the US and Nigeria Alcatel-Lucent has won contracts with the three biggest service providers in China, CenturyLink in the US and MTN Nigeria. More detail
Telenor gets high on best-ever quarterly revenues, EBITDA Telenor gets high on best-ever quarterly revenues, EBITDA Revenues and EBITDA hit an all-time high at Telenor after the operator added 3.4 million new subscribers in the third quarter.  More detail