Friday, November 13, 2009

SFR Sales Slip Slightly

Vivendi said that revenues in SFR, its French telecoms unit, fell 1.3% year-on-year in the third quarter to 3.09 billion euros, as a result of the impact of the "economic slowdown on roaming traffic and out of bundle usage and also the impact of a mobile voice termination regulated price cut."

At the end of September 2009, SFR's fixed broadband customer base had risen 15% year-on-year to 4.28 million. Vivendi said that Maroc Telecom's revenues rose almost 2% year-on-year to 694 million euros in the third-quarter, as its customer base rose 11% to more than 21 million. source: Vivendi statement

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