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Orange TV subscriber numbers up in Q4

Orange_logoOrange reported a total of 7.190 million IPTV and satellite customers in the fourth quarter of 2014, marking a 10.4% year-on-year increase. 

Announcing its quarterly and full year results, Orange said that 6.051 million of its IPTV and satellite customers in Q4 – the vast majority – were based in its home market of France.

This was up from 5.619 million for the same quarter last year, and from 5.902 million during the previous quarter.

Poland was Orange’s second largest TV market in Q4 accounting for 749,000 IPTV and satellite customers, up from 707,000 in the same quarter a year earlier.

Meanwhile, in Spain, Orange reported 108,000 TV customers in the quarter, up from 76,000 during Q4 2013.

Overall the firm reported that it had achieved all its 2014 targets. EBITDA for full year 2014 was €12.2 billion – in line with restated targets, but down 2.5% year-on-year.

Revenue was down 2.5% year-on-year to €39.4 billion, while net income was €1.225 billion in 2014, down €908 million in relation to 2013.

“While the competitive pressure remained very high in 2014 in all of our markets, our commercial performance was excellent and we achieved all of our financial targets,” said Orange Group chairman and CEO Stéphane Richard, claiming that the firm has reduced its cost basis by more than €1.7 billion in three years.

“In Spain, a market which is moving massively towards fixed and mobile convergence, the acquisition of Jazztel will allow us to create the second fixed broadband operator and one of the most dynamic players in mobile. In the United Kingdom, our agreement with BT for the sale of EE values our success in creating the country’s leading mobile operator with Deutsche Telekom.”