Telenet, the Belgian cable operator controlled by Liberty Global, has raised its profit forecast as customers sign up to more products and higher-priced broadband Internet and mobile-telephony contracts.

Adjusted earnings before EBITDA will increase 7.5 per cent to about €719 million this year, the company said. That compares with an earlier forecast of at least €706 million.

“Sales were a bit soft in July and August, but rebounded in September,” Chief Executive Officer Duco Sickinghe told reporters.

Other posts by :

1. Amazon Leo gains South Africa link
2. Eutelsat wants an extra 528 satellites
3. FCC approves orbital space mirrors
4. Analysts: “Unknown Unknowns for SpaceX”
5. Ligado’s bankruptcy clean-up continues
6. Arianespace to offer ‘rideshare’ launches
7. Space industry warns Europe must do more
8. Banks increase SpaceX forecasts
9. Orbex bankruptcy details released

Categories: Articles, Business, Cable, Results