Belgacom saw half-year revenues grow 0.1 percent year-on-year to €3.2 billion, but profit was down 8.6 percent to €359 million.
The Belgium-based operator blamed on a one-off accounting adjustment for a 0.1 percent decline in Q2 revenues to €1.6 billion.
“Once again, our business performance proves that we have built a resilient position in the Belgian market,” said president and CEO Didier Bellens.
“For our customers, our strategy of convergence, outlined over the years, is increasingly becoming an everyday reality.”
In particular, Bellens highlighted the impact of the company’s fixed-mobile-WiFi “Internet Everywhere” package, which launched in April.
However, consumer revenues fell 0.7 percent in Q2, although they were up 0.7 percent to €1.15 billion in H1.
Mobile revenues were up 3.6 percent while TV revenues grew 8.5 percent between January and June.
Belgacom now has over 1.3 million TV subscriptions after it added 48,000 during Q2.
The company’s international carrier services business unit, BICS, saw a 4.1 percent increase in revenue during H1 to €791 million.
Belgacom said BICS benefitted from a positive currency effect, a favorable destination mix and the continued growth of mobile data and signaling.
However, the company’s enterprise unit suffered a 2.9 percent fall in revenues during Q2 leading to a 2.5 percent decrease in H1 to €1.15 billion.
Here, the company is more reliant on voice revenues but data and other services are not making up the shortfall in the way that they are in the consumer field.
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