Technology

Bouygues Telecom is attracting (still) new subscribers in the first quarter of 2022.

Bouygues Telecom continues to attract new subscribers. After a fiscal year 2021 marked by a positive “commercial momentum”, the group’s operator Bouygues continued this momentum during the first quarter of 2022, which closed at the end of March last year. During the group presentation on Thursday, the operator’s management estimated the number of new mobile subscribers at 97,000, bringing the total number of mobile subscribers to 14.9 million.

On fixed lines, Bouygues Telecom surpassed 2.5 million fiber subscribers at the end of March with 172,000 new FttH customers. In total, Bouygues Telecom had 4.5 million customers at the end of March, up 52,000 customers from the first quarter of 2022. An excellent performance that owes much to fiber, which continues to attract new customers: 55% of the operator’s fixed-line subscribers now have fiber access, up from 42% a year earlier. Bouygues Telecom currently sells 25.7M FttH sockets, up from 24.3M at the end of 2021.

So many positive signals that allow the operator to record a turnover of 1.8 billion euros in the first quarter of 2021, which is 3% more than a year. The operator’s current operating income was 87 million euros, which is 11 million euros more than in the year. Enough to allow Bouygues Telecom to confirm its growth forecast for its services by around 5% and a total of 1.5 billion euros invested during fiscal year 2022.

In 2021, the Bouygues Group’s operator has already recorded a turnover of 7.3 billion euros, up 13% year-on-year. Its core EbitdaaL margin was then €1.6bn, up 7% year-on-year. Metrics that have already enabled it to achieve all of its goals, namely organic service revenue growth of around 5%, an increase in EbitdaaL of around 7% and a net investment of around EUR 1.3 billion.

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