Spain and Fibre Lift Orange

Orange reported revenues of 40.92 billion euros in 2016, a 0.6% increase after falling 0.1% in 2015 and 2.5% in 2014 (on a comparable basis). In the 4th quarter of 2016, revenues rose 1% after rising 0.8% in the 3rd quarter and 0.3% in the first half. Stéphane Richard, CEO of Orange Group, said:"Our investments are driving our commercial performance, led by very high speed fixed and mobile broadband and despite a level of competition that is intense and unprecedented, particularly in France. Our fibre customer base grew 75% with 3.3 million customers by the end of 2016 and our 4G customer base in Europe rose 58% with 28 million customers." source: Orange statement