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Orange, 247m-euro revenues in Q2, down 7.5%

29.07.2010, 23:09 6

Orange, leader of the Romanian telecom market, in the secondquarter generated revenues worth 247m euros, down 7.49% from a yearago, amid the difficult economic conditions, in line with dataincluded in the financial report of France Telecom, the company'smajority stakeholder. The number of clients reached 10.47 million,up 1.13% from late June, 2009. The company does not provide detailsabout the number of subscribers and prepay card users. This is thesixth straight quarter of falling revenues for Orange. ThierryMillet, the company's general manager, says though that except theQ2 correction in the number of prepay card users, the level of thecompany's receipts gives signs of improvement. "Following thetendency of the first part of the year, the level of revenuesfurther stabilised and improved each month. In line with ourestimates, the company's market share in terms of value expandedowing to the trend of ARPU (average income per user) and the baseof subscribers. While the prepay client base narrowed amidworsening economic conditions, we estimate the market share interms of value is still stable," stated Thierry Millet.

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