2013 Annual Report - page 65

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to suffer from a gradual phasing out in favour of next-
generation networks. Lastly, there was a slight growth during
the year in the optical connectivity sector, driven by the
development of FTTx networks (last mile broadband access),
particularly in France, the UK and the Netherlands.
Adjusted EBITDA came to Euro 120 million in 2013, reporting
a decrease of Euro 40 million (-25.0%) from Euro 160 million
at 31 December 2012.
I...,55,56,57,58,59,60,61,62,63,64 66,67,68,69,70,71,72,73,74,75,...IV
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