Orange Spain revenues up 6% in Q3, passes 2 mln fibre customers

 

Orange Spain continued as one of the parent group’s strongest performing units in the 3 months to September, reporting revenues up 6.4% year on year to EUR 1.37 billion thanks to 147,000 mobile contract additions in the quarter and 137,000 more fibre customers.

The company attributed a slight sequential slowdown in growth in Q3 compared to an 8.8% annual rise in Q2 to the reduction in fixed services to international operators.

However, revenues from convergent offers rose 11.8% in Q3, with 3.1 million customers on a converged services plan at 30 September, up 3.5% year on year.

Mobile service revenues climbed 7.5% year on year for the 2nd consecutive quarter thanks to revamped offerings and the rollout of 4G, which had a total of 9.0 million users at the end of September, up 25% year on year.

The overall mobile customer base grew to 15.91 million at the end of Q3 compared to 15.66 million a year earlier, including 12.94 million postpay customers, up 4.7% year on year.

Total quarterly ARPU was up 5.0% to EUR 15.1 from EUR 14.4 in Q3 2016.

Fixed services revenues also rose significantly – by 8.3% to EUR 501 million in Q3 – driven by 2.4% rise in customer numbers to 4.2 million at the end of September and a 4.5% rise in broadband ARPU to EUR 32.2.

Fibre customers were up 47.7% year-on-year to 2.1 million, representing over 50% of the company's fixed broadband customer base for the first time, due to the expansion of the company’s FTTH network to 11.3 million households at 30 September 2017.

Subscribers to the company's Orange TV service also grew rapidly, by 29.6% year on year, to 593,000 customers.

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