Wednesday, 26 July 2017

Orange Q1 sales inch up on Spain performance

By Nick Wood, Total Telecom
Friday 28 April 17

CEO Stephane Richard says convergence strategy is beginning to bear fruit.

Orange this week reported modest first quarter revenue growth driven by its Spanish unit, and said its convergence strategy is beginning to pay off. The French incumbent said 9.5 million customers had signed up to a convergent offer by the end of March, up 11.2% year-on-year. Net additions in the first quarter came in at 259,000. "The strategy Orange has pursued over a number of quarters…

Orange this week reported modest first quarter revenue growth driven by its Spanish unit, and said its convergence strategy is beginning to pay off. The French incumbent said 9.5 million customers had signed up to a convergent offer by the end of March, up 11.2% year-on-year. Net additions in the first quarter came in at 259,000. "The strategy Orange has pursued over a number of quarters…

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