logo
  

Bouygues Telecom Sets EBITDA Margin Target Of 25% For 2017 - Quick Facts

Bouygues Telecom (BOUYY.PK) announced the company targets: sales from network growth of more than 10% in 2017 from 2014; An EBITDA margin of 25% for 2017 and 35% longer term; and average annual capital expenditure of around 750 million euros for the coming years. Bouygues Telecom said the company will have cut its operating costs per customer by over 40% between 2011 and 2016/17.

Bouygues noted that the French telecoms market is experiencing an unprecedented acceleration in mobile data consumption. The company said it has the necessary assets to drive growth from this market trend.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Chinese internet company Baidu Inc.'s artificial intelligence or AI chatbot Ernie Bot has secured more than 200 million users, reports said citing CEO Robin Li. Ernie Bot, China's most popular ChatGPT-like chatbot, was released to the public in August last year. In December, the company had said that Ernie Bot's users reached over 100 million. Financial services firm Morgan Stanley reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates. Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company's common shareholders for the first quarter increased to $3.27 billion or $2.02 per share from $2.84 billion or $1.70 per share in the year-ago quarter. On average, 16 analysts polled by Thomson...

Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

View More Videos
Follow RTT