World VoIP NewsMobistar says FY2009-10 earnings to fall on increased regulationMobistar says FY2009-10 earnings to fall on increased regulation

Mobistar says FY2009-10 earnings to fall on increased regulation


voip, mobile phone, mobile networks, nationwide, telecoms regulator
Mobistar, Belgium’s second largest mobile network operator by subscribers, has said that it expects to generate lower earnings in its current financial year, ending March 2010, on the back of increased regulation and higher levels of investment.
Mobistar, Belgium’s second largest mobile network operator by subscribers, has said that it expects to generate lower earnings in its current financial year, ending March 2010, on the back of increased regulation and higher levels of investment.

The operator has also said that it expects to achieve savings of approximately EUR100 million (USD137.6 million) over the next three years on operating costs and investments. To that end, in October 2009 the operator announced that it had inked a deal with rival KPN Belgium which will see the two work together on the construction and operation of new sites for future deployments of their respective networks. Mobistar claims that the agreement will generate considerable cost savings.


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