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Orange grows TV subscriber numbers by 10%

Orange TV SpainOrange reported 6.77 million IPTV and satellite customers in the first quarter of the year, an increase of 9.8% year-on-year.

Orange’s largest TV market is France where it reported 5.78 million IPTV and satellite customers in Q2, up 8.5% year-on-year from 5.32 million in Q2 2013.

Orange’s Polish IPTV and satellite customer base came in at 720,000, up 3% year-on-year from 699,000 in Q2 2013.
Meanwhile, in Spain, where Orange offers IPTV, its TV customer base was 91,000, up from 65,000 in the same quarter last year.

Group revenue from fixed services – including TV, fixed-line telephone and broadband – was down 0.2% to €3.23 billion in the quarter.

Overall, in the second quarter, revenues were €9.79 billion, down from €10.3 billion in Q2 2013. Reported EBITDA was €3.20 billion, compared to €3.27 billion in the same quarter last year.

“These results demonstrate the company’s strength and ability to react in market conditions that continue to be very challenging. We’ve maintained our commercial momentum, despite a hyper-competitive environment, largely due to the investments we’ve made in very high-speed broadband, fibre and 4G,” said Orange Group chairman and CEO Stéphane Richard.

“Overall, we had a solid commercial performance, particularly in France, Belgium and Poland, while in Africa and the Middle East we had the strongest growth in four years. Meanwhile, we remain focused on lightening Orange’s cost structure, allowing us to stabilise our margin rate in the first half and to confirm our annual targets for 2014.”