SFR: turnover fell by nearly 10% in 2013
The year was difficult for the third largest French operator, SFR, whose turnover for SFR stood at 10,199 million euros, down 9.6% compared to 2012. This drop in turnover This business is explained by the drop in the prices of SFR’s offers to cope with the offensive launched by Free Mobile on the market.
Despite everything, SFR’s total mobile customer base grew by 756,000 subscribers and stood at 21.354 million. The number of residential customers subscribed to broadband Internet increased from 182,000 customers to 5.257 million at the end of December 2013.
Sales for the Consumer business amounted to € 6,873 million, down 13.8% compared to 2012. In the Consumer Mobile market, net growth in the subscriber base amounted to 279,0006 subscribers in 2013.
One year after launching 4G, SFR covers more than 40% of the population, with 1,200 cities open as of December 31, 2013, and has more than one million customers at the end of the year.
On the Fixed-line Consumer market, the number of residential customers in mainland France subscribed to high-speed Internet amounted to 5.209 million at the end of December 2013, up 170,000 customers compared to December 31, 2012, with an acceleration recruitments on optical fiber. The “SFR Multi-Packs” offer had 2.355 million customers at the end of December 2013, or 45% of the broadband fleet.
Finally, revenue from the Business activity amounted to € 1,789 million, down 4.4%.
2014 promises to be an important year for SFR. SFR and Bouygues Telecom signed an agreement on January 31 to pool a future network in an area corresponding to 57% of the population at the end of 2017.
On February 13, Vivendi announced that it had entered into exclusive negotiations with the Belgacom group with a view to acquiring 100% of the Telindus France Group.
Finally Numéricable is pushing forward with Vivendi to acquire SFR. A hypothesis which arouses a strong nervousness of the management of SFR and Vivendi, who if they admit having been approached by Altice in view of a merger between SFR and Numericable, Vivendi acknowledges non-receipt of any formal offer from Numéricable and its shareholders …