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

Ericsson “defends the industry” as it sues Apple again over patents Ericsson “defends the industry” as it sues Apple again over patents Ericsson has filed nine new patent complaints against Apple as a stand-off between the two companies intensifies. More detail
Belgacom CEO anticipates “tipping point” this year as it eyes return to growth Belgacom CEO anticipates “tipping point” this year as it eyes return to growth Belgacom’s CEO has said that this year will be a “tipping point” for the operator as it bids to return to revenue and EBITDA growth. More detail
eircom more than doubles 4G customer numbers, but revenues still slide eircom more than doubles 4G customer numbers, but revenues still slide Irish operator eircom said it had more than doubled the number of people taking 4G LTE as it unveiled its fourth quarter financial statement. More detail
Three reports revenue rise, remains on the lookout for M&A as O2 talks continue Three reports revenue rise, remains on the lookout for M&A as O2 talks continue Three reported an impressive set of 2014 financial results but did not offer any update on its acquisition of O2 in the UK. More detail
Bouygues Telecom aims for turnaround as it makes 2014 loss Bouygues Telecom aims for turnaround as it makes 2014 loss Struggling French operator Bouygues Telecom said it was eyeing a return to profitability in 2015, after continued pressure in the country’s mobile marketplace led to a fall in revenues and a loss last... 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.