Report
Russell Waller

New Street: Altice France Q2 21: MSR bounce back, sustained FSR growth - positive read across

After the Q1 results, the narrative that France was a “good” market was challenged (despite still being one of the fastest growing markets in Europe). For Q2, B2C MSR at ATC France has rebounded strongly by c3pp ex roaming (4pp inc roaming), and is now +3.3% y/y from -1.3% y/y in Q1 21.
Underlying
ALTICE FRANCE SA/FRANCE

Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Russell Waller

Other Reports on these Companies
Other Reports from New Street Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch