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General

Orange Spain revenue loss widens to 7.4% in Q1, adds 49,000 FTTH subs

Thursday 22 April 2021 | 09:16 CET | News
Orange Spain reported revenues of EUR 1.19 billion in the first quarter of 2020, down 7.4 percent year on year following falls of 5.6 percent and 5.9 percent in the previous two quarters, a result attributed to "fierce competition" and the shift towards lower-cost products. The result in Spain contrasted with Orange's other European units, which posted an average revenue rise of 2.2 percent in the first 3 months of 2021. The company said Spanish retail service revenues were particularly affected, declining 10.2 percent year on year to EUR 818 million in the first 3 months of the year due

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Categories: General
Companies: Orange / Orange Spain
Countries: Spain
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