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Orange Group's Turnover Increased Slightly to 10.3 billion Euros in Q3

Orange Group's Turnover Increased Slightly to 10.3 billion Euros in Q3 Image Credit: Orange

Orange group has registered a slightly better performance in the last financial quarter especially in France, Spain, Belgium, Central Europe, Africa & Middle East and on its Enterprise market. In the third quarter, which ended 30th September, the operator's revenues were 10.284 billion euros, an increase of 0.5%, after falling 0.2% in the 2nd quarter and 0.9% in the 1st quarter. The operator's CAPEX rose 6.9% to 4.235 billion euros, representing 14.2% of revenues. 

With the full consolidation of Jazztel in Spain and Méditel in Morocco, the Orange Group reported a total of 263.3 million customers worldwide with 11.6 million net additions in the quarter, a year-on-year increase of 4.6%. Of this, it recorded 111 million subscribers in Africa & Middle East alone. 

As for 4G, in France and the rest of Europe, the operator registered a total of 15 million customers. In its home country, the operator records a net addition of 234,000 subscribers, making the total to todate to 6.6 million customers.

Stéphane Richard, Orange Group Chairman and CEO
Our business performed well this quarter, especially in France, Spain, Belgium, Central Europe, Africa & Middle East and the Enterprise market. This commercial momentum is supported by high levels of investment in very high-speed fixed and mobile broadband, in line with our Essentiels2020 strategic plan. We now aim to achieve the high end of the range for the objectives initially set for 2015.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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