Orange Spain invoices 3,444 million until September and returns to growth in the last quarter

Orange Spain has invoiced 3,444 million euros until September, 2.

Orange Spain invoices 3,444 million until September and returns to growth in the last quarter

Orange Spain has invoiced 3,444 million euros until September, 2.8% less than in the same period of the previous year, although the third quarter has been the first in which revenue has grown since January 2019.

The firm has invoiced 1,178 million euros between July and September, 0.2% more, thanks to growth of 4.2% in the wholesale segment and 2.3% in the sale of equipment and chains seven quarters of positive trend , according to the results presented this Tuesday.

In the same period, the company has added 22,000 net fiber optic lines and 8,000 contract lines, although it has transferred 9,000 convergent packages in its third fiscal quarter.

So far this year, the firm has billed 2,347 million euros in the retail segment, 2.5% less, especially due to the drop in revenue in the mobile segment, which is close to 10%.

On the other hand, wholesale revenues have fallen by 4% to 644 million euros, while the sale of equipment has slowed down and has yielded 2.8% to 453 million euros.

In terms of infrastructure, Orange's fiber footprint already reaches 16.7 million homes and businesses, after adding 762,000 real estate units (UUII) in one year. The firm's goal is to reach 16.8 UUII by the end of the year.

Likewise, the company has reached 1,529 municipalities with 5G deployment, which means exceeding the barrier of 1,500 that was set as a goal for the end of the year, in addition to also exceeding its goals in number of municipalities with deployments in the range of 700 MHz, a figure that is above 1,200.

Orange Spain has closed the quarter with 16.86 million mobile lines, of the 15.1 million are contract customers, 4.4% more, while the prepaid remains at 1.7 million. Despite the inflationary context, the average prices of mobile rates have fallen by 3.5% compared to the previous year to 10.1 euros due to the push of the 'low cost'. The firm also adds 1.5 million 5G customers.

The company has almost four million fixed retail customers, of which 3.6 million are fiber optic customers, which means that 89% of the customer base already uses this technology. The price of fixed contracts has also fallen by 2% to 25.5 euros.

On the contrary, in the convergent packages, the ARPU has risen 2.4% to 54 euros. Orange has 2.9 million customers of convergent packages.

In addition, the company has exceeded one million subscribers to its television service, with 1.3 million customers, 63.8% more, since it now counts the customers who receive the service through the decoder, Orange's OTT and the Jazztel OTT.

On the other hand, in the wholesale segment, the firm has contracted 930,000 fixed lines, 19,000 more than in the same period last year and 27,000 more than in June.

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