Bouygues Telecom registered a profitable first quarter as sales and customer numbers jumped.

EBITDA rose €97 million year-on-year, to €243 million, as sales increased eight percent to €1.22 billion and the operator cut operating expenses.

In particular, Bouygues cited “greater efficiency” in its fixed-line business.

After posting an operating loss of €55 million 12 months ago, the company registered an operating profit of €34 million this time around. This led to a net profit of €18 million versus a loss of €40 million last year.

Much of the growth was down to some impressive net additions. The France-based operator added 364,000 mobile customers in the first three months of the year, taking its subscriber base to 13.4 million.

On the fixed-line side, Bouygues took its customer base to 3.2 million after adding 88,000 subscribers, with 144,000 signed up to FTTH services.

In March, the operator signed a deal with Altitude Infrastructure to boost its footprint of the pure fibre technology.

As part of its results announcement, Bouygues confirmed a target to connect 20 million premises with FTTH in 2022.

The company said it had invested €309 million in the quarter as it looks to “maintain leadership in 4G over the long term, prepare for the arrival of 5G and ramp up the roll-out of its FTTH network”.

Earlier this week, Bouygues became the first operator to trial HPE’s new virtualised OSS as it looks to develop new services.

More News

Altice thanks USA for sales, profits growth Altice thanks USA for sales, profits growth Altice Group has shrugged off "aggressive" competition in France and falling profits in Portugal to post a 6.9 percent increase in its bottom line, thanks to the performance of its US arm. More detail
Proximus's BICS issues abide, as Q2 reveals flat profits Proximus's BICS issues abide, as Q2 reveals flat profits Proximus's wholesale arm continued to weigh down its financials, as customer acquisition struggled to lift the bottom line. More detail
Former TIM CEO drops mic upon exit with improved sales, profits Former TIM CEO drops mic upon exit with improved sales, profits Former Telecom Italia CEO Flavio Cattaneo has said he "left the company better than I found it" with sales and earnings increasing for the first half of 2017. More detail
BT pays off DT, Orange as Italy fallout hits Q1 profits BT pays off DT, Orange as Italy fallout hits Q1 profits BT has paid £225 million to Deutsche Telekom and Orange over its Italian accounting scandal and shaken up its management team with a new consumer business led by mobile arm EE's CEO. More detail
TIM aims to become “technological heart” for smart home with product launches, new look for retail TIM aims to become “technological heart” for smart home with product launches, new look for retail TIM has launched the TIM Home ecosystem, introducing a range of new products including a modem and a TV decoder. More detail
    

@eurocomms