Orange Spain gains revenue and subs
October 23, 2015
From David Del Valle in Madrid
Orange Spain is doing better in terms of revenues and clients. In the third quarter of the year, the company managed to slow its decline in revenues, from falls of 2.5 and 5 per cent in the previous quarters to a 1.7 per cent decline to €1.22 billion.
Since the acquisition of Jazztel in July, Orange has added 142,000 fibre subs in with a total customer base of 563,000 as of September 30th. Passed FTTH homes went from 1.3 million to 5.2 million. Broadband customers rose by 8.8 per cent to 3.7 million at 30 September with convergent offers now representing 81 per cent of the fixed broadband customer base, up 6 percentage points year on year.
As for TV, Orange saw strong growth, following its agreement with Mediapro to offer the Champions League football through the BeIN Sports service, with numbers rising to 215,000 TV up from 137,000 the previous quarter and from 89,000 a year earlier.