Orange Close to Stabilising the Ship

Orange said its revenue fell 1% year-on-year to 10 billion euros in the fourth quarter of 2014 on a comparable basis, a marked improvement on the 3% fall for the year as a whole. The top line was propped up by a 16% increase in revenues from mobile equipment sales.

Orange reported that it increased capital spending on 4G networks by 43% to 408 million euros in 2014, while stepping up spending on fibre and VDSL fixed-line networks by 40% to 436 million euros. source: Orange presentation