Mobistar keeps investments high as Q1 revenues slip 1.6%
Mobistar reported first quarter revenues down slightly (-1.6%) to EUR 393 million from 399.4 million the year before, pulled down mainly by the effects of regulation, which amounted to EUR 15 million. The number of active mobile connections rose 6.4 percent to 4,455,229, including 973,937 from its MVNOs (+70.2%), and 70,103 from Orange Luxembourg (-7.6%). Mobistar alone recorded 3,375,897 mobile lines (-4.0%). At the end of March, one year after the launch, 60 percent of all residential postpaid customers