Orange last week presented details on its ambitions for three of its growth drivers: Orange Africa & the Middle East, Orange Business Services and Orange Cyberdefense.
The aim of these presentations is to provide an update on the strategy, to reaffirm the Group's confidence in its paths to delivery and to specify its 2023 ambitions.
Africa & the Middle East
For more than 20 years, Orange has developed Africa & the Middle East into a key area for sustainable growth. In this region, Orange provides quality networks and positions itself as a multi-service operator that supports its customers with innovative digital services in each of the 18 countries in which it is present.
The region has strong value-creating potential thanks to its three sources of growth that cover both individual and business customers: data, which will continue to grow thanks to 4G penetration among customers; fixed broadband, which will benefit from Orange’s leadership in connectivity and; lastly mobile financial services, where its revenues will reach almost one billion euros by 2025.
Orange also invests locally to make digital services more accessible and is contributing to the continent’s development by supporting startups and creating Orange Digital Centers, such as the one opened in Mali this week.
Orange Business Services
By 2025, more than 55% of Orange Business Services’ revenue will be generated by digital, integration services and new connectivity services. The Group's strategy on the B2B market remains focused on three main areas of growth: digital (cloud, digital & data, IoT, cyber), integration services, and new connectivity services. By 2025, Orange Business Services will generate more than 55% of its revenues from these segments by strengthening its main differentiating factors.
Orange Cyberdefense
The Group aims to achieve double-digital revenue growth and an operating margin about double that of today. Cyber security has become a critical factor and an essential requirement for every company so as to guarantee a safer digital society. Orange Cyberdefense has been working to secure the infrastructure and digital assets of its B2B customers since 2014. As one of the European leaders in cyber security, Orange Cyberdefense will take steps to seize new opportunities for external growth through the possible creation of a standalone subsidiary.
