October 26 (SeeNews) - Orange Romania said on Thursday its revenues rose by an annual 10.4% to 277.2 million euro ($327 million) in the third quarter of 2017, led by increased mobile data usage and customer base consolidation.
Orange Romania, a unit of France Telecom's Internet and mobile arm Orange, had 10.331 million clients at the end of September, up by 2.5% compared to the previous quarter.
Mobile Internet traffic doubled in the third quarter of 2017 relative to the year-ago period, supported by an increase in smartphone sales, Orange Romania said in its Q3 2017 financial report.
The segment of TV services had 369,000 customers at end-September, a 17% increase year on year. Fixed broadband services had 138,000 customers at the end of the third quarter.
Orange Romania's 4G coverage rate countrywide was 90.9% at the end of the third quarter, while the 4G urban coverage rate was 100%.
The average revenue per user (ARPU) in Romania was 7.6 euro per month in the third quarter, up from 7.4 euro in the previous quarter and from 7.0 euro in the third quarter of 2016.
"Consumption recovery has continued to be felt in telecoms, with Orange customers turning to top digital products such as smartphones and connected devices. The improvements we have made to our offers and the investments in our network have been mainly based on feedback from customers," Orange Romania CEO, Liudmila Climoc, said.
Orange Romania's revenues increased by 4.2% last year relative to 2015, reaching 986.8 million euro due to strong performance in mobile services.
Romania’s market of just over 20 million is served by five mobile operators - Orange Romania; Telekom Romania, former Cosmote Romania; RCS&RDS; Vodafone Romania; and insolvent 2K Telecom.
At the group level, Orange increased its third-quarter revenues to 10.3 billion euro in the third quarter of 2017, up 0.9% on the year.
($ = 0.8469 euro)
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