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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, July 25, 2013

Revenue Decline Accelerates at Orange


Orange (formerly France Telecom) said its revenues fell 4.8% year-on-year on an organic basis in the second quarter of 2013 to 10.32 billion euros. That is an even steeper decline than in the first quarter when revenues were down 4.1%. In Poland, revenues were down 9.9% and in France 7.5%, partially offset by a 2.5% rise in Spain and a 4.4% rise in  emerging markets.

Despite the revenue decline, Orange has slightly increased capital spending in the first half of the year. CEO St├ęphane Richard said: “ We are maintaining the roll out of our high-speed fibre and 4G networks and are seeing real appetite for very high-speed broadband from our customers who are showing a willingness to pay a premium to access these services." source: Orange presentation


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