Tuesday, March 17, 2015

Orange will triple its investment in fiber – Les Echos

The telecom operator has a strategic five-year plan, called “Essentials 2020″. In 2018, the group hopes to find a level of sales higher than in 2014. But the low point is expected in 2016.

Orange will triple its investments in fiber 2020 in France, said Tuesday morning Stéphane Richard. With the objective to ensure that 20 million units are connected, against 3.6 million at the end of 2014. In 2018 some 12 million housing should be linkable.

boss the telecom operator, which presents Tuesday morning its new strategic five-year plan, called “Essentials 2020″ (which replaces the one called “Conquests 2015″), also pointed to the opportunity that the company will invest more than 15 billion euros in its networks by 2018.

Find growth

There s’ This says Stéphane Richard, to offer each customer “an incomparable experience (…) This approach focuses on the expectations of our customers and the quality of the Orange experience allow us to differentiate ourselves and return to growth.”

In fact, the company hopes to resume growth with revenues and EBITDA (EBITDA) exceeding that date to those made in 2014.

In fact, the turnover of the telecom operator has declined steadily since 2011, and CFO of the company, Ramon Fernandez sees no upturn to immediately, a low point in terms of sales being anticipated in 2016.

For its part, the EBITDA devrit his side know a low point in 2015 (between 11.9 and 12.1 billion).

More info to follow
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