Core Insights - The company demonstrated solid commercial performance and EBITDAaL growth despite a challenging market environment [2][6] - Positive net additions were recorded in both mobile postpaid and cable customer bases, although net adds decreased compared to the previous year [3][5] Operational Highlights - Mobile postpaid customer base increased by 48,000, totaling 3.5 million, representing a year-over-year growth of 3.6% [3][5] - Cable customer base grew by 13,000, reaching 1.034 million, with a year-over-year increase of 3.0% [3][5] - The company faced increased competitive pressure and a slowdown in broadband market growth [2] Financial Highlights - Total revenues for H1 2025 were €962.7 million, a decrease of 1.5% from H1 2024 [4] - Retail service revenues declined by 1.0%, totaling €786.0 million [4] - EBITDAaL increased by 4.7% to €264.8 million, with an EBITDAaL margin of 27.5%, up 163 basis points [4][5] - eCapex grew by 2.2% to €184.0 million, primarily due to network deployment initiatives [4][9] - Adjusted operating cash flow rose by 10.9% to €80.8 million [4] Strategic Initiatives - The company is focused on its 'Lead the Future' strategy, investing in fixed network modernization and next-generation technologies [8] - A unified go-to-market approach for B2B clients is being leveraged, enhancing service offerings for SMEs and larger organizations [7] - The management anticipates a better revenue trend in H2 2025, expecting to meet EBITDAaL guidance between €545 million and €565 million for the year [9]