Wednesday , February 8 2023

Altice (SFR): registration for new subscribers but the margin has begun


The telecommunications operator has announced that subsidiary subsidiary SFR "has achieved its best quarter since 2005, and has gained more than one million customers since the beginning of 2018, equivalent to lost customers over the past three years. Since years of acquisition SFR."

Altice Europe also welcomed the gains from Portuguese customers in the third quarter, which has led to the "best quarter of 2012" and France is well in France.

Turnover fell by 6.1%, 3.44 million euros and Ebitda was 10.4% and 1.3 million euros in the quarter.

Outcome of program investments

The new subscribers conquest has a cost: subscribers' profits decline "a constant improvement in customer service indicators to reduce the massive reduction in terms," ​​he said.

The operating rate has been reduced thanks to group investments, especially the Champions League (1,013 million euros).

"Since the beginning of 2018, Altice Europe has steadily improved its operational return plan, showing a better tendency for subscribers to show the signs of ARPU stabilization signals," said Patrick Drahi, Managing Director of the Group.

Recovery is expected in France, "supports investment strategy for infrastructure and content". "Alice Europe will grow in 2019," says Patrick Drahi.

The action of Alice Europe took place on November 21, from 1 to 5 years.

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