Bouygues Telecom reported an impressive set of financial results with customers, sales and profits all on an upward curve in the first six months of the year.
The France-based operator added 645,000 mobile customers in H1, taking its total subscriber base to 13.6 million.
Bouygues said it has added more mobile customers than any other French operator between January 2016 and June 2017.
The company also signed up 133,000 new fixed line customers, meaning it has now 3.2 million such subscribers in total.
FTTH tariffs accounted for almost two-thirds of net growth in the second quarter, Bouygues said.
It is actively marketing pure fibre services to 2.6 million premises and has 171,000 such customers signed up.
The operator reiterated its plan to market FTTH services to 20 million premises by 2020.
The growth in customer numbers pushed H1 revenues up 6.2 percent year-on-year to €2.43 billion.
Earnings and profits also jumped, with EBITDA increasing by €139 million to €547 million and operating profit growing by €124 million to €162 million over the period.
In turn, this meant Bouygues recorded a net profit of €122 million versus a net loss of €12 million in H1 2016.
Unveiling the “very encouraging” results, CEO Olivier Roussat also added some information about the company’s IoT strategy.
Roussat said Objenious, Bouygues’s dedicated IoT unit, was the largest IoT network in France given it now covered 93 percent of the population.