Telecom service provider Orange today said its Capex (capital investment) rose 1.3 percent to $6.4 billion or €5.636 billion in 2014.
This means Orange Capex for last year was 14.3 percent of its revenues.
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Orange investments
Orange said its investments in telecom infrastructure — high-speed fixed and mobile broadband — grew 41 percent. Its main focus areas were Europe and especially France.
The telecom service provider also investments in mobile networks in Africa and the Middle East rose 22 percent. “This level of Capex also allowed Orange to differentiate itself further for the quality of its services,” the company said.
Orange Group CEO Stephane Richard said: “Our strategy of differentiation through investment in high-speed broadband and the quality of our networks and services has paid off, particularly in France, where fiber and 4G attracted many customers.”
The main point to be noted is the reduction of cost. Orange has reduced its cost basis by more than €1.7 billion in three years.
Orange revenue fell 2.5 percent to €39.445 billion or $44.78 billion in 2014. Its 2013 revenue dipped 4.5 percent.
Baburajan K
editor@telecomlead.com
