Orange announced today the financial results for Q4 2017, the mobile operator claiming that it generated revenues of 280 million euros, 7.7% higher than the same period last year. Orange claims that fixed-mobile subscription packages and those of mobile, fixed and TV equipment have contributed to the growth, the operator announcing that at the end of last year it had no less than 10.623.000 customers in Romania.
During 2017, Orange recorded 1.07 billion euros in Romania, an impressive amount for a country where people are always looking for very cheap fixed and mobile services from operators. Orange claims that 3.2 million of its customers use the 4G network, 50% more than in Q4 2016, and mobile internet traffic increased by 80% in Q4 2017 compared to Q4 2016, a sign that Romanians surf the Internet more from mobile.
Orange had impressive financial results in Q4 2017
Orange also recorded a doubling of the sales of internet subscriptions through optical fiber and cable television, compared to Q3 2017, Romanians being increasingly attracted to the offer of the telecom operator. Orange also announces that the coverage of the 4G network has reached 93.2% of the entire territory of the country, the 4G internet traffic increased 3 times compared to Q4 2016, the sales of 4G mobile phones also increased by 16% compared to the same period.
Orange also announced that its mobile transaction service, called Orange Money, has a positive evolution, with 81.000 customers using it in Q4 2017, 51% more than in Q1 2017. Finally, Orange TV has 398.000 customers , while 187.000 customers use broadband internet services, and 720.000 customers have activated their 4G Call function, 2017 being an excellent year for Orange from many points of view.
"Orange announces financial results for the 4th quarter 2017
- 3,2 million Orange 4G customers, +50% Q4 2017 vs Q4 2016
- +80% increase in mobile data traffic
- X2 Fiber Internet & Cable TV Sales vs Q3 2017
Bucharest, February 21, 2018. The Orange Group announces today its financial results for the fourth quarter of 2017, available on December 31.
In the October-December period, Orange Romania achieved a turnover of 280 million euros, up 7.7% compared to the same period last year. The total turnover for 2017 is 1,07 billion euros. The growth was mainly supported by the positive evolution of mobile data usage, fixed-mobile packages and mobile equipment sales. On December 31, 2017, Orange Romania offered mobile, landline and TV services to 10.623.000 customers.
"2017 was a year in which the digitization process accelerated, evidenced by the growing consumption of mobile data and connected products, both for the residential and business environments. Our customers want simplicity - in the offers, but also in the interaction with Orange, and the fixed-mobile Orange Love packages answered this requirement. Equally, B2B customers have sought to simplify and streamline operations by choosing integrated solutions that include both connectivity and IT&C solutions in the area of cloud, business Wi-Fi and cyber security. The performance in 2017 is the result of two constants – relevant offers built together with customers and their trust in the quality of services offered through the most extensive 4G network in Romania." said Liudmila Climoc, Chief Executive Officer in Orange Romania.
Uninterrupted connectivity
At the end of December, the 4G network covered 93.2% of the country's population, i.e. 10.026 localities, where 3,2 million Orange customers used Orange 4G services, almost 50% more compared to the end of 2016. This evolution was also found in data traffic mobile which increased by more than 80% compared to Q4 2016 and in 4G which increased by 3 times.
These results were also influenced by sales of 4G feature phones which increased by 14% in Q4 2017 compared to Q4 2016. Sales of connected devices (smartwatches, fitness bracelets, robots, children's watches, VR glasses, gaming consoles, smart TV) increased 6 times in the last quarter of the year compared to the same period in 2016, Orange Romania registering almost 80 references for this product category. We also observe an accelerated trend in connected objects for the home, where the increase compared to the 4th quarter of the previous year is 5 times higher.
As a result of the expansion of the 4G network and the accessibility of high-performance phones, more than 720.000 Orange customers chose to use the 4G Call in 2017 and thus benefit from the superior quality of the service, increasing 5 times compared to December 2016.
Convergent fixed-mobile services for residential and business customers
The launch at the end of September 2017 of Orange LOVE, the attractive fixed-mobile service packages with bonus TV and multiple benefits for the whole family caused a doubling of the sales of fiber optic internet and cable TV service compared to the previous quarter.
At the end of December, the cable and satellite television service, Orange Home TV, had 398.000 customers, an increase of almost 20% compared to last year. Fixed broadband services had over 187.000 subscribers, up over 60%.
Increased appetite for the digital environment
Mobile phone transactions were increasingly attractive in 2017. Thus, the number of customers who chose the Orange Money service reached 81.000, 51% more at the end of the year compared to the end of the first semester of 2017. Customers have chose Orange Money especially to pay utility bills and make PrePay top-ups.
In the last quarter of the year, more than 22.000 customers signed up to test the new version of My Orange Account, which became My Orange. Through this collaborative exercise, the new version of the app was built together with customers who sent feedback on the menu, the way information is displayed and even the new name of the service. My Orange continued the positive trend in terms of the number of active users, where it registered a 26% increase in Q4 2017 compared to Q4 2016.
For more details on the Orange Group's financial performance in the fourth quarter of 2017, see the press release attached to this email."
