Monday, 22 October 2018

Orange ups cost-cutting target as Q2 revenue slides

By Nick Wood, Total Telecom
Tuesday 29 July 14

French incumbent hopes to save €300 million this year as EBITDA margin stabilises.

Orange on Tuesday increased its cost-saving target after reporting declines in second quarter revenue and EBITDA. Group revenue in the three months ended 30 June dropped 5.2% on-year to €9.8 billion. On a geographic basis, revenue was down across the board…

Orange on Tuesday increased its cost-saving target after reporting declines in second quarter revenue and EBITDA. Group revenue in the three months ended 30 June dropped 5.2% on-year to €9.8 billion. On a geographic basis, revenue was down across the board…

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