Thursday, October 23, 2014
Orange Slows Decline in Revenues
Orange reported a 2.3% year-on-year decline in revenues in the third quarter on a comparable basis to 9.81 billion euros. The Paris-based group said: "The gradual improvement in the revenue trend since the beginning of the year ...is related primarily to France, Belgium and the Enterprise segment, while the Africa and the Middle East segment continued its steady growth."
Orange said it has significantly expanded its 4G networks, covering 71% of the population in France, 66% in Spain, 59% in Poland and 81% in Belgium as at 30 September. It also launched 4G services in Romania, Slovakia and Moldova. "4G+ deployment has started in France, with services launched in Strasbourg and Toulouse in July, and coming to Paris very soon," Orange added. "In France, deployment of fibre optics intensified; 3.257 million households had connectivity at 30 September 2014, an increase of 684,000 households (+27%) with connectivity in nine months." source: Orange statement
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