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2015-04-23

Mobistar: First quarter 2015 results

Progressive stabilization of service revenues supports restated EBITDA growth
of 5.6 %

Full year guidance confirmed

Brussels, 23 April 2015 - Today, Mobistar (Euronext Brussels: MOBB) publishes
its results for the first quarter of 2015.

* Mobistar's strategy to create levers for growth continued in the first
quarter of 2015, while the company is also increasing its focus on value
management. This strategic direction is in particular reinforced by the
monetisation of data usage driven by the solid uptake of 4G smartphones
across all markets: * Mobistar's leading position in terms of 4G coverage
has once again been confirmed by a Commsquare study in the first quarter of
2015 * Mobistar's 4G postpaid customer base grew 19 % in the first quarter
versus the end of 2014, reaching 1 out of 4 postpaid customers
* Mobistar's blended ARPU in Belgium increased for the second time in a row,
to 23.9 euros in the first quarter of 2015 compared to 23.4 euros a year
ago, an increase of 2.0 %. The postpaid ARPU even grew by 3.8 %
year-on-year versus +1.8 % in the previous quarter, which is the result of
Mobistar's focus on value management.
* Mobistar will launch its own very high speed broadband internet&digital TV
cable services in Belgium after the regulators have published the
consultation document governing an acceptable application of the
retail-minus pricing mechanism.
* The solid results of the first quarter of 2015 enable Mobistar to keep its
outlook unchanged for the full year 2015. Mobistar achieved in the first
quarter: * Service revenues of 270 million euros, -2.8 % yoy, (-0.6 % excl.
reg.); * A restated EBITDA of 70 million euros, +5.6 % yoy (+12.4 % excl.
reg.); * An operational cash flow of 42 million euros, +55.3 % yoy (+75.6 %
excl. reg.).

Mobistar Investor Relations

For the full PDF version, please click here below:

Q1 2015 results - NL
http://hugin.info/134974/R/1913624/683542.pdf
Q1 2015 results - UK
http://hugin.info/134974/R/1913624/683540.pdf
Q1 2015 results - FR
http://hugin.info/134974/R/1913624/683541.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mobistar via Globenewswire

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