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Mobistar S.A. Sales Preparation

Mobistar leads the French advance across Belgian lines by attacking two high-growth opportunities in telecommunications: mobile phone and data services. The company, 50%-owned by Orange, is Belgium's #2 wireless operator (behind Belgacom's Proximus), serving one-third of the market. The company has nearly 4 million subscribers who use its digital GSM (global system for mobile communications) wireless network. Mobistar is building a Belgian fiber-optic network to provide business voice, data, and Internet services, and it provides indirect fixed-line phone service to consumers. It expanded its services for business and carrier customers with the 2010 acquisition of KPN's business in Belgium for €65 million.

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Key Financials

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Financials  
Company Name PUBLIC
HEADQUARTERS
Market Value 1153.4691
as of 2012-12-28
Fiscal Year-End Dec
2011 Sales (mil) 2146.4004
2011 Employees 1859
Employee Growth Percent 10.85%
Assets (mil) 1788.9082
Net Income Growth Percent -18.05%
Sales Growth Percent -2.7%