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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, November 3, 2009

Belgacom Flat in Third Quarter

Belgacom said that its revenues in the third quarter were almost flat year-on-year at 1.48 billion euros. The operator said the number of SMS sent per customer increased 23% in the first nine months of 2009 to 71 per month, driven by the substitution of voice by SMS.

Belgacom reconfirmed that it still expects a revenue decline of about 1% in 2009 and capital spending to be between 10% and 11% of group revenue. In the first nine months, Belgacom's capex was 405 million euros - 101 million euros less than for the same period of 2008, which included the renewal of the football broadcasting rights for 105 million euros, covering three football seasons. source: Belgacom statement

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