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Orange Switzerland posts Q2 sales down 4.9%

Thursday 28 August 2014 | 13:28 CET | News
Orange Switzerland reported a 4.9 percent annual drop in second-quarter operating revenues to CHF 279.3 million. Adjusted EBITDA fell 5.8 percent to CHF 92.3 million, as the operator suffered from lower ARPU and a small increase in subscriber acquisition and retention costs. Its mobile customer base rose by 33,000 in the second quarter, including 6,000 new postpaid subscribers, for a total of 2.180 million at the end of June, up 3.8 percent from a year earlier. Orange said the overall postpaid market growth was stable in Q2 and it took 10 percent of net adds. ARPU fell by 8.4 percent

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Categories: Mobile & Wireless
Companies: Salt Mobile
Countries: Switzerland
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