Orange sees impressive growth | IPTV | News | Rapid TV News
By continuing to use this site you consent to the use of cookies on your device as described in our privacy policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. [Close]
orange resultados 22 feb 2018With 650,000 fibre-to-the-home (FTTH) net additions and 620,000 pay-TV households, Spain has become a major growth driver for Orange worldwide.

According to the telco’s latest financial report, Orange’s revenues grew for the second consecutive year in 2017 (+1.2%) to reach €41 billion, while EBITDA increased by 2.2% to near €13 billion.

The company is back to growth in its larger market, France, where revenue increased for the first time since 2009 (+0.6%), and has reported record growth rates in Spain, with revenues up 7.1% (€5.4 billion) and adjusted EBITDA up 17%. Growth was also delivered by other Western and Central European markets, as well as Africa and the Middle East.

While it improves its financial figures, Orange has seen an important boost in its FTTH business in both Spain and France, with 650,000 and 546,000 net additions, respectively.

Across the expanding fibre network, the French telco continues building convergence. In Spain, over 80% of the customers are subscribing to some kind of packaged offering, while 15% of the FTTH base pays for IPTV.

In fact, in Spain, driven by a continually growing market, Orange has managed to transform what was a residual pay-TV operation not so long ago into a growing service that has added over 100,000 subs during 2017.

“2017 was a remarkable year for Orange in more ways than one. The group delivered an excellent commercial performance, driven by very high-speed broadband. We now have 4.7 million fibre customers and 46 million 4G customers. This performance has translated into solid financial results. Thanks to a strong fourth quarter, revenues in France returned to growth for the first time since 2009. Spain maintained its impressive growth, while our Africa & Middle East segment recovered strong momentum, with 3% revenue growth year on year,” said Stéphane Richard, chairman and CEO of Orange.