Orange Q2 2013: Africa and the Middle East had 84.0 million mobile customers at 30 June 2013, up 9.8%.
The Orange overall financial results for Q2 are encouraging despite the Net debt of 29.610 billion euros at 30 June
2013, a reduction of 935 million euros compared to 31 December 2012.
The rest, Connectikpeople can observe that, the company continues
to invest in the emerging market, where it generates progressively the most of its revenues.
to invest in the emerging market, where it generates progressively the most of its revenues.
Orange had 231.5 million customers at 30 June
2013, a year-on-year increase of 3.1% (+6.9 million net additions):
- in France, net mobile contract sales were at their highest level since the arrival of the fourth mobile operator, with the Sosh and Open offers particularly dynamic. The mobile customer base in France grew 1.5% year on year
- in Spain, the success of the segmented and quadruple-play offers supported the growth in mobile contract customers (+9.8%), and the fixed broadband customer base which rose 14.2%
- Africa and the Middle East had 84.0 million mobile customers at 30 June 2013, up 9.8% (+7.5 million net additions).
- in France, net mobile contract sales were at their highest level since the arrival of the fourth mobile operator, with the Sosh and Open offers particularly dynamic. The mobile customer base in France grew 1.5% year on year
- in Spain, the success of the segmented and quadruple-play offers supported the growth in mobile contract customers (+9.8%), and the fixed broadband customer base which rose 14.2%
- Africa and the Middle East had 84.0 million mobile customers at 30 June 2013, up 9.8% (+7.5 million net additions).
- Consolidated revenues
were 20.603 billion euros, down 4.5% on a comparable basis. Excluding the
impact of regulatory measures, revenues declined 2.2%:
- in France, revenues from mobile services fell 4.5% in the first half. Mobile ARPU stabilised in the second quarter compared to the first quarter, in line with the forecast for the year of -12%
- in Spain, first-half revenues rose 3.9%, led by the growth of the customer base
- in Poland, the decline in mobile services was limited to -2.8% in the first half while fixed broadband rose 8.1%
- in the rest of Europe, revenues rose 0.6%
- in Africa and the Middle East, revenues grew 4.0% over the first half, led by Côte d’Ivoire, Senegal, Egypt and Guinea
- Enterprise: revenues fell 4.9% in the first half in a difficult European economic context and with intensified competition. - First-half net income was 1.209 billion euros, compared to 1.909 billion euros in the first half of 2012.
- Operating cash flow (restated EBITDA less CAPEX) was 3.962 billion euros, representing 57% of the 2013 full-year target.
- Net debt was 29.610 billion euros at 30 June 2013, a reduction of 935 million euros compared to 31 December 2012. The restated ratio of net debt to EBITDA was 2.21. Net debt at 30 June 2013 does not include the impact of the fiscal dispute.
