Now is the time for musical chairs at Bouygues Telecom. The managing director of the operator Richard Viel was indeed appointed this Thursday CEO of Bouygues Telecom, while Edward Bouygues takes the vice-presidency of Bouygues Telecom in charge of development, which he will combine with his functions of deputy managing director. of the Bouygues group in charge of telecoms development, European affairs, CSR and innovation.
This nomination round follows the publication by the Bouygues group of its annual results. With regard to its operator, the harvest promises to be rather flourishing at the end of a 2020 financial year marked by the health crisis and the explosion in the connectivity needs of the French. Driven by the unprecedented growth of its service activity, the operator recorded a turnover of 6.4 billion euros in 2020, up 6% compared to 2019. EBITDA after rent of the The operator increased by 91 million euros (+ 6%) compared to 2019 to stand at 1.5 billion euros.
In 2020, the operator recorded an increase of 600,000 customers in its mobile activities and today has a workforce of 12.1 million mobile subscribers. After the € 564 million acquisition of Euro-Information Telecom (which brings together the virtual operators NRJ Mobile, Auchan Télécom, Cdiscount Mobile, CIC Mobile and Crédit Mutuel Mobile) and its base of 2.1 million subscribers , the operator now has a total mobile subscriber base of 14.2 million mobile customers.
On course for 2026
With regard to its fixed activity, the operator has a total Fixed fleet of 4.2 million customers, including 1.6 million FttH subscribers. An activity that has attracted 604,000 new customers since the end of 2019, including 226,000 in the fourth quarter of 2020 alone. At the end of 2020, the FttH penetration rate continued to increase to 38% against 25% a year earlier.
The operator is well helped in this by the continued deployment of its fiber network to the subscriber. At the end of December 2020, it had 17.7 million catches marketed, or 6 million more than at the end of 2019. Result: the operator “is well positioned to achieve its objectives of 27 million catches at the end of 2022 and 35 million at the end of 2026 “, indicates its management.
According to its forecasts, Bouygues Telecom notes that 2021 should be the starting plan for its Ambition 2026 strategic plan, which should lead it for the next five years and should enable it to accelerate on fiber and fully integrate Euro-Information Telecom activities. The management of the Bouygues group indicates that it expects organic growth in revenue from its service activity of around 5%, despite the drop in roaming revenue linked to the health crisis. The operator will invest 1.3 billion euros to support the growth of its workforce of mobile and fixed customers.