Mobistar, the Belgian unit of France Telecom-Orange, has released its financial results for the three months ended 31 March 2012, with the operator posting a 28.1% year-on-year drop in net profit, which it said was primarily the result of ‘a lower EBITDA and the accelerated depreciations of the network through its complete renewal’.
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OVETEL Mobistar records 28.1% slump in net profit in 1Q12
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