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Orange Revenue Rises 0.6% In Q1 2016

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Orange Revenue Rises 0.6% In Q1 2016

French mobile carrier Orange posted its first-quarter 2016 sales revenue. The Group reported 10 billion euros ($11.32 billion) of quarterly revenue, up by 0.6% when compared with revenue in the same period in the previous year. The total expenses of the quarter amounted to 1.45 billion euros, which accounted for 14.6% of revenues.

Profit

In terms of subscribers, it reached 8.7 million LTE subscribers in its domestic market at the end of Q1 2016. The carrier’s overall mobile connection base in France totaled 28.42 million at the end of Q1, compared to 28.6 million at the end of Q1 2015.

“For the third consecutive quarter, Orange revenues have grown, again validating our strategy of differentiation through quality and investment,” said Orange CEO Stéphane Richard, in a statement.

“This is due to the strong commercial performance in all group countries, particularly France, Spain, Belgium, Romania, and the Africa and Middle East region as well as in the enterprise market,” he added.

In the first quarter of 2016, Orange rolled out 8,716 LTE sites across the country, including 3,446 sites upgraded with LTE-Advanced technology. With this 81% of the population has received its LTE network on spectrum in the 800 MHz and 2.6 GHz bands.

The carrier offers LTE services in Poland, Belgium, Romania, Slovakia, Moldava, Botswana, Jordan, Morocco, Mauritius, Cameroon, Guinea-Bissau and Côte d’Ivoire. In Spain, it has 5.4 million LTE customers across 87% of the country’s population. In Africa and the Middle East, Orange counted 111.8 million mobile customers at the end of Q1.

Ria Lakshman. V is a lead news writer at The Telecom Times. She studied Journalism at Manipal School of Communication and proceeded to work in newspapers and magazines, with technology as her focus area. Passionate about Telecommunications sector, her move to 'The Telecom Times' was a natural choice. Alongside, she also writes for Telecom Talk, where she covers news and tech commentaries in the sector of telecom. In the free time, Ria loves to go camping, read books, or sketch illustrations. She also runs a local design studio and promotes eco-friendly crafts. Ria can be found sharing her knowledge and insights on Twitter.

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