Commercial performance and profitability are the winning duo at Bouygues Telecom. The operator attracted 97,000 new mobile subscribers and 172,000 fiber customers in the first quarter of 2022.
Profitable for several years, Bouygues Telecom continues to post good commercial performances in all segments. The first quarter of 2022 is no exception to the rule. By unveiling its results on May 12, the operator confirms its current form At the end of March 2022, the mobile plan base excluding MtoM had 14.9 million customers, thanks to the acquisition of 97,000 new customers in the first quarter. Observers will note a slowdown compared to Q4 (+133,000 subscribers). However, the trend seems to apply to other operators as well since Orange posted a gain 51,000 subscribers in the first three months of the yearalso down compared to the last three months of 2021.
In the fixed line, Bouygues Telecom continues to equate with Orange with 52,000 new fiber and ADSL subscribers over the period compared to 46,000 for the incumbent operator. It remains to be seen whether Free, often in ambush, will do better, its results are awaited May 20. This commercial performance in the segment is, as always, driven by the progressive and intensive adoption of fiber. During the first quarter, Bouygues Telecom thus won 172,000 new customers (migrations and new sales). By way of comparison, Orange recruited twice as many. Still, Martin Bouygues’ operator should confirm its rank as the third best recruiter in the segment,
The operator’s FTTH customer base reached 2.5 million subscribers, i.e. 55% of its total base at the end of March 2022 for 25.7 million connectable sockets compared to 24.3 million at the end of 2021, in line with the objectives of the “Ambition 2026” strategic plan.
Reflecting this commercial momentum, the operator’s revenue amounted to 1.8 billion euros, up 3% compared to the first quarter of 2021. Services revenue also increased by 3%. “It was driven by the 6% growth in revenue billed to customers, which benefited from the increase in mobile and fixed customer bases and mobile ABPUs restated for the roaming impact, which increased by €0.3 over one year. at €19.7/month. Fixed ABPU increases by €0.6 to €28.6.month per subscriber”, explains the operator. At 354 million euros, EBITDA after Lease increased by 24 million euros compared to the first quarter of 2021, i.e. growth of 7% in line with the annual objective.
“In order to secure the roll-out and improve the quality of its 4G, 5G and fiber networks, Bouygues Telecom brought forward part of its annual investment program in the first quarter, with no impact on the annual gross investment target. Disposals, linked to data center sales, reached 16 million euros in the first quarter of 2022 (they were 110 million euros in the first quarter of 2021)finally indicates the operator.
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Bouygues Telecom maintains its position in mobile and fiber with new solid performances
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