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Orange enterprise revenues down 2.2% in fourth quarter
Wednesday 22 February 2012 | 10:28 CET |
News
France Telecom-Orange's enterprise revenues decreased 2.2 percent to EUR 1.82 billion in the fourth quarter of 2011 from EUR 1.86 billion in the year-earlier period. For all of 2011, revenues contracted by 1.6 percent to EUR 7.1 billion. In emerging markets, revenues increased by 11.3 percent on a comparable basis to EUR 541 million. Service revenues grew 6.4 percent to EUR 1.77 billion, after remaining stable in 2010, with most revenue growth outside France, led by integrated services, consulting and equipment sales. With EBITDA down 1.8 percent on a historical basis to EUR 1.28 billion, operating income down 1.9 percent to EUR 940 million and Capex up 8 percent to EUR 343 million.
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