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Orange revenues fall to less than 1bn euros in 2010

Autor: Adrian Seceleanu

25.02.2011, 00:01 11

The revenues of Orange Romania, number 1 on the Romaniancommunications market, fell by 7.8% last year, to 973 millioneuros, amid a difficult economic context.

"In Romania the revenues fell 8% largely because of thedifficult economic situation, while in Slovakia the 7% decline ismainly due to regulatory cuts," according to information providedby Orange.

In the fourth quarter, Orange Romania's revenues fell by 4.8%,to 243 million euros, from 255 million euros in the similar periodof 2009, but the company attracted 60,000 new customers.

The company's number of customers fell 4.8% last year, to 10.469million, from 10.995 million at the end of 2009, reads a report ofFrench group France Telecom. The decline in the customer base wasfelt especially on the prepaid cards segment, according to Orange.The company does not provide details on the share of post-paid tooverall customers. In the region that Romania is a part of, nearly48% of customers are post-paid users.

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