Sunday , April 11 2021

Altitude (SFR): a record of new subscribers but started closing



The telecommunications operator announces that its subsidiary subsidiary of SFR has achieved "its best quarter since 2005, with more than one million customers earned since the beginning of 2018, which corresponds to & # 39; The number of customers lost over the past three years has been years since the acquisition of SFR ".

Altice Europe is also proud to have won customer earnings in Portugal in this third quarter, which led to "the best quarter since 2012" and it's really good for France.

The turnover continues to decrease from 6.1% to 3.44 billion and Ebitda down 10.4% to € 1.3 billion for these quarterly results.

Result of investments in programs

The new conquest of new subscribers cost: there is a reduction in subscriber earnings due to "a steady improvement of customer service indicators resulting in a huge reduction in the termination rate," said the statement.

The cancellation rate has fallen thanks to the investments of the group, especially when buying rights for the Champions league (1.013 billion euros).

"Since the beginning of 2018, Altice Europe has performed its operational action plan better, showing strong improvements in subscriber trends while showing signs of the ARPU sequential stabilization," said the Group's General Manager, Patrick Drahi.

Recovery is expected in France, "supported by the infrastructure investment strategy and content." "Alice Europe will return to growth in 2019," predicts Patrick Drahi.

Alice Europe's action, November 21, up 1, 5% was ironing over 2 euros.


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