Telenet: Increased Sales, Increased Broadband and Multiplayer Clients

Telenet recorded a 1% increase in sales volumes in the first half of the year, to 1.3 billion euros, the operator reported on Thursday. He attributed this growth to increased cable and mobile subscription revenue and growth in other products, including advertising and production revenue. In the second quarter alone, turnover was €642.4 million, an increase of nearly 4% compared to the same period in the previous year.

Net profit was €211.7 million during the first half of the year, an increase of 14% over the same period in 2020, thanks to a significant decrease in net financial charges and a 3% growth in operating profit, which more than offset higher income. Telenet says.


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