FT Orange reports slight decline in Q3 revenues and EBITDA

France Telecom has reported that its third quarter revenues dropped by 2.1 per cent to €11.3 billion (US$16 billion), with all markets showing a decline in revenue, except Spain. That decline chiefly reflected a downturn in mobile device sales from the third quarter a year earlier, when sales were very strong, particularly in France and Belgium.

The restated EBITDA also dropped, by 5.2 per cent to €4 billion, from €4.22 billion a year ago.

The France Telecom-Orange Group had a total of 221 million customers as of end-September, up 6.3 per cent year-on-year on a comparable basis, with almost 13 million net customer additions in one year due to mobile services, principally in Africa and the Middle East.