Broadband News
News, views and analysis
Broadband boost to SFR and Vivendi figures
01 Sep 2010 | 10.22 Europe/London
SFR first half results for 2010 show that it added 238,000 net new active broadband subscribers, increasing its total base to 4.6m, a rise of 12% compared to the same period the year before.
The French ISP and telecoms provider claims this saw a rise in ‘mass market’ internet revenues of 14%, while the rise in revenue across both the broadband and fixed line telephony was almost 6%, leading to a similar rise of 6.6% on the company’s EBITDA compared to corresponding period in 2009.
Interestingly data represented more than a quarter of its mobile services, up to 26% from 22%. This has been put down to the success of smartphones, as indicated by the operator signing up more than 440,000 new iPhone subscribers in the first half of the year.
Jean-Bernard Levy, CEO of Vivendi, owner of SFR, claims the figures show how the company is now back in growth and that SFR was one of the group’s companies which had achieved an ‘excellent operating performance’ leading to the group ‘revising upwards’ guidance for the telecommunications provider.
The French ISP and telecoms provider claims this saw a rise in ‘mass market’ internet revenues of 14%, while the rise in revenue across both the broadband and fixed line telephony was almost 6%, leading to a similar rise of 6.6% on the company’s EBITDA compared to corresponding period in 2009.
Interestingly data represented more than a quarter of its mobile services, up to 26% from 22%. This has been put down to the success of smartphones, as indicated by the operator signing up more than 440,000 new iPhone subscribers in the first half of the year.
Jean-Bernard Levy, CEO of Vivendi, owner of SFR, claims the figures show how the company is now back in growth and that SFR was one of the group’s companies which had achieved an ‘excellent operating performance’ leading to the group ‘revising upwards’ guidance for the telecommunications provider.