Paris (AFP) – Bouygues Telecom said Thursday it had picked up one million new mobile phone customers last year, allowing the French telecom operator to return to profit.
Net profit came in at 83 million euros ($87.5 million), after a loss of 59 million euros in 2015.
One million new customers for mobile phones pushed its client base to 13 million at the end of December, it said.
“The positive commercial and financial results of Bouygues Telecom in 2016 confirm its strategic choices,” chairman Martin Bouygues said in a statement.
Exceptional items affected overall profits positively, as the 84 million euros Bouygues had to pay to share its network with fellow French operator SFR was outweighed by the 104 million capital gain it made from the sale of telecom masts to Spain’s Cellnex.
Some two thirds of Bouygues’ customers have adopted 4G technology with a monthly data use of 4.2 gigaoctects (Go) per month on average, against 2.4 a year earlier, said the operator, France’s third-largest.
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