Converge Digest

Orange LTE Rollout Reaches 58% Population Coverage in France

As of the end of Q1 2014, Orange was serving over 239.4 million customer accesses across all of its global properties, up 4% from a year ago.  During Q1, Orange added 84,000 fixed line broadband customer in Spain and 31,000 in France. In terms of post-paid wireless customers, Orange added 114K in Poland, 86K in France and 73K in Spain.

Consolidated revenues were 9.804 billion euros, a 3.8% decrease on a comparable basis. Excluding the impact of regulatory measures, the decrease was 3.0%, an improvement of 0.8 percentage points compared to the 4th quarter 2013 figure, which primarily related to France and the Enterprise segment. In France, the revenue decline slowed to 4.9% after falling 6.2% in the 4th quarter of 2013 (+1.3 percentage points). The improvement was related to both fixed and mobile services.

“Orange’s first quarter 2014 performance was very satisfactory, aided in large part by the continued strong commercial momentum in our core countries. Orange benefits from the efficient segmentation of its offers as well as its investment in very high-speed broadband – fibre and 4G – which enable the Group to differentiate itself from the competition,” stated Stéphane Richard, Chairman and CEO of the Orange Group.

Some other indicators:

http://www.orange.com/en/finance/nbsp2/investors-and-analysts/latest-consolidated-results

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