28.4 C
July 31, 2021

Reported revenue of EUR 450 M in H1 for Orange Romania

According to a press release issued yesterday by the mobile phone company, due to the increase of company clients with 154,000 to 10.2 million and the reduction of interconnection costs, in the first half of 2013 Orange Romania reported incomes of approximately EUR 450 million, almost the same as the income reported for the first half of 2012.
Thus, the revenue for Orange Romania has decreased by 0.6% from EUR 452 million in the first half of last year, reaching EUR 449 million, slightly going up in the second quarter by 0.2% from EUR 230 million. Company representatives have stated that the company’s revenue for the second quarter has increased by 3.8%, if the effect of cutting down interconnection costs non-included. According to the financial report presented Thursday by the French Orange Group, Orange Romania had 10.2 million clients at the end of June, compared to 10.283 million at the end of last year. “There is a user tendency to migrate from prepaid cards to mobile phone subscriptions. In the last twelve months, the number of subscribers has increased by over 6%,” the Orange press release notes. Moreover, the mobile telephone internet traffic within the Orange network is 90% higher than the value registered during the same period of last year; this is most likely linked to the reported sales in smartphones and the development of mobile phone software and services provided.

Related posts

Romgaz CEO submits resignation

Nine O' Clock

Cyprus agrees bailout deal with the Eurozone

Nine O' Clock

CTP strengthens its position in Romania as market leader with lease of 450,000 m2 in 2019-2020