Bouygues Telecom predicts 10 percent drop in 2012 revenues

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

Nokia CEO wants new salespeople as it signs Xiaomi deal in non-telco push Nokia CEO wants new salespeople as it signs Xiaomi deal in non-telco push Nokia is to provide electronics and internet company Xiaomi with its technology as it looks to make good on a promise to expand beyond its core base of telecoms customers. More detail
Ericsson, WeDo aim to safeguard operators’ digital revenues with new partnership Ericsson, WeDo aim to safeguard operators’ digital revenues with new partnership Ericsson and WeDo Technologies have joined forces to create a new risk management and revenue assurance offering for operators. More detail
Verizon creates new business to help operators intro AI, IoT and big data services Verizon creates new business to help operators intro AI, IoT and big data services Verizon has formed a new division, called Exponent Technologies, offering a portfolio of software and internet platforms to help other mobile operators to deploy new technologies without the high cost... More detail
Sonera takes digital ID solution from UXP Systems Sonera takes digital ID solution from UXP Systems Telia’s Finnish opco Sonera has selected UXP Systems’ User Lifecycle Management (ULM) platform to deliver digital identity and user management processes across its channels. More detail
Netgem trumpets Soundbox device as smart home hub for operators Netgem trumpets Soundbox device as smart home hub for operators Netgem is targeting operators with the launch of what it claimed is a new connected device category that brings together audio and video functionalities in a single unit.   More detail
    

@eurocomms