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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.

Friday, May 15, 2009

Boost from Belgacom TV

Organic revenues in the Belgacom Group grew 0.3% year-on-year to 1.45 billion euros in the first quarter of 2009 thanks to rising revenues from Belgacom TV, mobile data services and the company's International Carrier Services division. Capital spending rose 5% to 135 million euros.

Belgacom reiterated its earlier guidance that group revenues will fall 1% in 2009 and capital spending will be between 10% and 11% of group revenue. source: Belgacom statement

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