Orange Luxembourg H1 revenue shrinks 18% to EUR 30.7 mln

Thursday 24 July 2014 | 12:15 CET | News
Mobile operator Orange Luxembourg reported a EUR 30.7 million revenue in the first half, down 18.4 percent on the year-earlier period and turnover from telephony services 21.8 percent lower at EUR 26.5 million. The decrease is mainly due to steep reduction in mobile termination rates since February. Excluding the impact of the cuts to the mobile termination rate (EUR 5.2 million) and roaming rate (EUR 1.8 million), mobile telephony service revenues would have stood at EUR 33.5 million, down 1.2 percent on the first half of 2013. EBITDA fell to EUR 2.5 million from EUR 8.4 million over the

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Categories: Mobile & Wireless
Companies: Orange Luxembourg
Countries: Luxembourg
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