SFR Group – Q2 2017 Results

Le 27 / 07 / 17 | Posté par Xiao-ou HSU
SFR Group – Q2 2017 Results
  • Significant progress in improving commercial performance following accelerated investment in enhancing SFR’s network quality, customer experience and content bundles
  • 4G coverage target reached 6 months in advance – SFR now covering 91% of the population
  • Continued rapid fiber FTTH/FTTB rollout (10 million homes passed Q2 2017); Altice-SFR announced nationwide fiber rollout by 2025 without public subsidies
  • Stable total SFR Group revenues +0.1% YoY in H1 2017; -0.4% YoY in Q2 2017 (-0.2% YoY excluding EU regulatory impacts1); successful turnaround since Altice took control of SFR
  • FY 2017 guidance reiterated
  • Continued B2C postpaid mobile customer base growth (+34k net additions in Q2 2017), supported by much better quality of service and success of convergent SFR FAMiLY! offers
  • Sustained mobile service revenue growth +1.7% YoY in Q2 2017
  • B2C Fixed broadband base stabilizing (-16k net losses in Q2 2017)
  • New TV channel launches, new content rights acquired and new original content produced
  • SFR Media revenue up +19% YoY

> Read the press release