Home › Orange restores dividend as fibre expansion supports Q3 sales growth
 

Keywords :   


Orange restores dividend as fibre expansion supports Q3 sales growth

2020-10-29 09:45:00| Telecompaper Headlines

(Telecompaper) Orange has confirmed a stable dividend for 2020, after reporting a return to sales growth in the third quarter. Growth in convergent offers and wholesale fibre in France and continued expansion in Africa and the Middle East supported the higher sales in Q3, offsetting the impact of the Covid-19 crisis, which hurt roaming and handset sales. Orange still expects a small drop in EBITDA this year, but a delay in capex means cash flow will be unaffected, supporting its dividend plans. 

Tags: sales growth orange supports

Category:Telecommunications

Latest from this category

All news
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
29.01Planning bids for new homes rise in England but building remains low, data suggests
29.01H5N1 Risk to Swine Research Program seeks 2nd round of proposals
29.01Pig breeder Muyuan Foods seeks up to $1.4 Billion in Hong Kong listing
29.01duBreton responds to Canada's approval of the PRRS-resistant pig
More »