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Orange foresees EUR 1 bln of IoT, financial services sales

Tuesday 17 March 2015 | 14:29 CET | News
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Orange aims to make EUR 1 billion of turnover from new services in 2018, said chairman and CEO Stephane Richard at the company's 5-year strategic plan announcement. The group CFO, Ramon Fernandez, added that 60 percent would come from IoT and 40 percent from mobile financial services. The company announced plans to introduce mobile banking services in France and Spain. Les Echos reports that Richard said he looked forward to unveiling a new home gateway/STB to be launched in 2016 at the Hello Orange event in October.

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Categories: General / Mobile & Wireless
Companies: Orange
Countries: France / World
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