Orange Capex dips 1.5% to 1.854 bn euros in third quarter

Orange Group reported 1.5 percent drop in Capex to 1.854 billion euros in the third quarter of 2020.
Orange 5G network service
The marginal decline in Capex of Orange Group was mainly due to co-financing, despite the acceleration of deployment in fixed and mobile broadband networks.

Revenue of Orange increased 0.8 percent to 10.584 billion euros.

Orange’s revenue returned to growth in the third quarter of 2020 despite the continuing sharp decline in roaming and the more limited decline in equipment sales, both linked to the health crisis.

Orange said revenue growth in France and Africa & Middle East exceeded the decline in the other segments.