Orange Q3 Earnings Surpass Expectations Driven by Africa and Middle East Growth

Reported about 1 month ago

French telecom operator Orange reported its third-quarter profits slightly above market expectations, thanks to strong performance in Africa and the Middle East, which grew by 10.5%. Overall group revenue rose by 1.6% compared to the same quarter last year, while Orange added 83,000 mobile customers in France. The company reaffirmed its full-year guidance and mentioned an ongoing collaboration with Vodafone Spain to establish a joint fiber network.

Source: YAHOO

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