Orange Denmark will be free cash-flow positive in 2004

News Wireless Denmark 24 NOV 2003
Orange Denmark will be free cash-flow positive in 2004
Orange Denmark, the third-largest mobile operator in the country, will be free cash-flow positive in 2004. Orange Finance Director Wilfried Verstraete told this to Dow Jones Newswires, adding the unit will work toward becoming one of the two largest players, or having a market share larger than 20% by 2005. He said that if these criteria aren't met, then other options will be considered. Nonetheless, he said no decision will be made until 2005.

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