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Orange Luxembourg posts drop in revenue on regulatory impact

Wednesday 20 July 2016 | 15:43 CET | News
Orange Luxembourg reported a 2.4 percent drop in revenue for the second quarter, excluding the regulatory impact of roaming price cuts from May. Including the regulatory effect, revenues were down 7.9 percent year-on-year to EUR 14.6 million. The operator said that its underlying service revenue, excluding the regulatory impact of EUR 0.9 million, increased 6.2 percent year-on-year, mainly driven by an increase in customers. Postpaid quarterly net additions (1,100) more than offset a drop in prepaid connections in Q2. The overall mobile customer base stood at 148,000, excluding 2,100 MVNO

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