Saturday, 19 August 2017

Orange beats Q2 estimates thanks to fledgling European recovery

By Nick Wood, Total Telecom
Tuesday 28 July 15

French incumbent reaps reward of rolling out high-speed fixed, mobile networks with solid customer growth.

Orange on Tuesday reported second quarter revenue and adjusted EBITDA ahead of estimates as its European recovery continued. The French incumbent generated revenue of €9.9 billion and adjusted EBITDA of €3.3 billion in the three months to 30 June, down 0.2% and 0.4% respectively on last year. Excluding regulation, revenue would have grown by 0…

Orange on Tuesday reported second quarter revenue and adjusted EBITDA ahead of estimates as its European recovery continued. The French incumbent generated revenue of €9.9 billion and adjusted EBITDA of €3.3 billion in the three months to 30 June, down 0.2% and 0.4% respectively on last year. Excluding regulation, revenue would have grown by 0…

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