Orange revenues up 1.6%, date set for LTE launch

29 Nov 2012

Orange Switzerland has booked revenues of CHF332.5 million (USD356.97 million) for the three months ended 30 September 2012, an increase of 1.6% compared to the corresponding period of 2011, driven primarily by subscriber growth. Earnings before interest, tax, depreciation and amortisation (EBITDA) were CHF102.9 million for the period, down from CHF106.1 million twelve months earlier. For the first nine months of the year meanwhile, revenues were up by 3.6% year-on-year to CHF955.8 million, whilst EBITDA totalled CHF276.6 million (15.1%). The operator’s ongoing rollout of 4G networks and an overhaul of its existing 2G and 3G infrastructure has led to an increase in CAPEX, with Orange investing CHF32.6 million in the three month period (30.4% y-o-y) and CHF100.4 million in the year to date (+11.7%). The carrier noted that at 30 September 2012, 85% of its network modernisation programme had been completed and that its Long Term Evolution (LTE) services would be made available in ten cities from 1 June 2013. The operator’s wireless subscriber base rose by 4.2% y-o-y to 1.65 million, though ARPU dropped slightly to CHF58.9 in Q3 2012 from CHF59.5 in Q3 2011.

Switzerland, Salt (Switzerland)