Mobistar sees further core profit erosion in 2014

BRUSSELS Thu Feb 27, 2014 1:13am EST

BRUSSELS Feb 27 (Reuters) - Belgian mobile phone operator Mobistar expects a further fall in core profits for 2014, as the group made provisions for regulatory caps on mobile phone rates and a tax on mobile phone masts in the south of Belgium.

Mobistar expects its core profit in 2014 to be between 250 and 280 million euros ($341.67 - $382.68 million), down from the restated figure of 336 million euros it made in 2013. ($1 = 0.7317 euros) (Reporting by Robert-Jan Bartunek)

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