The current situation of Orange
In that same report from the operator itself that we mentioned, it is indicated by Orange that the different retail services they have in Spain continued with their recovery, having a quarterly decrease of 1.4% to 781 million. On the other hand, in the second they had to face a drop of 2.1% and 4% during the first. And all due to the expense they have made in recent times per client. Though, improved 2.4% year-on-year and at a lower turnover rate.
And it is that, despite the positive side of having grown in income, in Orange, for now, they have 2.8% less revenue so far this year if we compare with the same period of 2021. However, the telephone company has benefited from the wholesale business, since it has also grown again and, in this case, has achieved 4.2%, that is, up to 237 million euros, thanks to the recovery of roaming revenue of touristsas they rose by 17.9%.
The future of the carrier
Despite the strong blow suffered by Orange and the rest of the operators after the paralysis of travel and the world due to the Covid-19 pandemic, the recovery of this percentage of income is good news. Also, continuous improvement that is carried out of retail services precisely coincides with the effort in its cost structure that the telephone company has had to assume. So that, by 2023 they are clear that their goal will be “return to ebitda growth after leasing (ebitdaal)”.In any case, it must be taken into account that the French operator has up to 20.9 million customers in Spain, of which 16.9 million are mobile telephony and four million fixed broadband. In addition, in mobile, the company comes to offer 5G services up to 1.5 million people in the country, after adding some 850,000 users since September 2021. And another characteristic fact is that the operator already has more than a million users who have its television services.
Therefore, despite having experienced important changes, the future looks more hopeful. and more still after the signing of the agreement with MásMóvil last July in order to integrate their respective businesses in the country. A final agreement that is valued at almost 19 million euros.