Belgacom SA (BCOM.BR)
24 May 2013
|Market Cap (Mil.):||€6,094.59|
|Shares Outstanding (Mil.):||338.03|
* Other European telecom firms have already cut dividends (Adds share price reaction, analyst, CFO comments)
BRUSSELS, March 1 - Belgian telecoms group Belgacom said on Friday it expected its core profit to fall by between 4 and 6 percent in 2013, caused by increased competition in the Belgian market and regulatory caps on charges.
BRUSSELS, Feb 16 - Rules regarding the amount of radiation that can be emitted from mobile telephone masts are too strict in Brussels and should be eased to allow for a high-speed mobile internet networks to be rolled out, the Belgian telecoms regulator said.
We anticipate that Belgacom's overall business performance will remain sound in the fourth quarter of 2012 and in 2013, supported by successful execution of its fixed-mobile convergence strategy. Belgacom retains good growth opportunities in bundled products and mobile broadband in the consumer segment in our view. This, combined with its ongoing network upgrade investments, should enable the group to maintain its clear market leadership positions.
Earnings vs. Estimates
Analyst Research Reports
Provider: Wright Reports
Belgacom SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
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