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France Telecom reports lower revenue, more customers in Q1

2013-04-24 08:58:00| Telecompaper Headlines

(Telecompaper) France Telecom-Orange reported group revenue down 4.1 percent on a comparable basis to EUR 10.28 billion in the first quarter, as revenue decreased by 6.1 percent in France and by 7.2 percent in Poland, but grew slightly in Spain (0.8%) and the rest of the world (0.7%). Enterprise revenue decreased by 5.3 percent to EUR 1.64 billion over the same period. The group reported a restated EBITDA down 6.6 percent to EUR 3.12 billion and capex up 6.5 percent to EUR 1.15 billion in the first quarter. The group had 229.8 million total customers, excluding MVNOs, at the end of March, an annual increase of 5.9 million customers (2.6%). For the full year, the operator confirms its EUR 7 billion target for operating cash flow.

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Category:Telecommunications

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