0
General

Orange Belgium targets return to growth in 2021 after 7% fall in Q4 revenues

Friday 5 February 2021 | 09:09 CET | News
Orange Belgium saw its revenues turn lower again in Q4, with a drop of 7.2 percent to EUR 343 million. The company blamed the decline mainly on the drop in wholesale revenues from lower SMS traffic during the pandemic. This along with reduced roaming fed the 3.5 percent drop in annual revenue. Nevertheless, the company met its forecast for EBITDA thanks to cost reductions and said it targets a return to growth in 2021.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Orange Belgium
Countries: Belgium
::: add a comment
This article is part of dossier

5G


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Orange lifts stake in Orange Belgium to 77%

Published 06 May 2021 13:01 CET | Belgium
Orange said it now holds 76.97 percent of Orange Belgium shares, after extending its bid for the subsidiary last month. In total, ...

Orange Belgium slows revenue decline in Q1, reiterates expectations for FY

Published 21 Apr 2021 09:51 CET | Belgium
Orange Belgium reiterated its expectations for 2021 after reporting gains at its mobile and cable customer bases and a solid ...

Orange leads Belgian mobile customer growth in Q4, only Telenet grows revenue

Published 05 Mar 2021 10:26 CET | Belgium
The Belgian mobile market showed a healthy finish to 2020, with customer growth in Q4 only slightly lower than a year earlier and ...

Orange Belgium shareholder hires Deminor to fight for higher takeover bid

Published 09 Feb 2021 10:48 CET | Belgium
Polygon Global Partners, a minority shareholder in Orange Belgium, has hired the shareholder services firm Deminor to help obtain ...

Orange Luxembourg posts higher service revenues, EBITDA in Q4

Published 05 Feb 2021 19:14 CET | Luxembourg
Orange Luxembourg generated retail service revenues of EUR 12.7 million in the fourth quarter, up 31.1 percent year-on-year. This ...

Orange Belgium wil weer groei in 2021 na 7% omzetdaling in Q4

Published 05 Feb 2021 09:48 CET | Belgium
Orange Belgium zag zijn omzet in het vierde kwartaal opnieuw dalen, met 7,2 procent naar EUR 343 miljoen. Het bedrijf schrijft ...

Orange plans buy-out offer for rest of Orange Belgium shares

Published 03 Dec 2020 09:25 CET | Belgium
The Orange group has announced an offer for all the shares of Orange Belgium it does not yet own. The bid will be submitted to ...

Orange Belgium names chief brand, transformation officers

Published 01 Dec 2020 11:35 CET | Belgium
Orange Belgium announced the appointment of Isabelle Vanden Eede as Chief Brand, Communication & CSR Officer and Bart Staelens as ...

Orange Belgium offers free data for customers during lockdown

Published 02 Nov 2020 14:25 CET | Belgium
Orange Belgium is offering its customers extra data to help them get through the new coronavirus lockdown in the country. All ...

Orange Belgium introduces standalone fixed services without mobile

Published 26 Oct 2020 13:01 CET | Belgium
Orange Belgium has introduced its first standalone offer on the fixed market. To date, its Love packages with home broadband and ...

Orange Belgium sees customer, sales growth recover in Q3

Published 23 Oct 2020 09:47 CET | Belgium
Orange Belgium said it regained commercial momentum in the third quarter, as shops re-opened after the lockdown in Q2. The ...





Calendar   /   Industry Events

11 May United Internet Q1 2021
11 May Softbank FY results
11 May Vizio Q1 2021
11 May Allot Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Sonim Q1 2021
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May BT FY results
12 May Airtel Africa Q1 2021
12 May Mediaset Q1 2021
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Lumentum fiscal Q3
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May NEC FY results
13 May Alibaba Group Q1
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Poly fiscal Q4
13 May DZS investors day
14 May Digi Communications Q1 2021
14 May Japan Display FY results
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
17 May World Telecommunication and Information Society Day
::: More Calendar Items