42% growth for Orange Romania

Orange Romania concluded 2003 with 467 million euros in total revenues and 3.317 million subscribers, the France-based parent company announced on Wednesday. The Bucharest branch had announced its preliminary results since early January, before the official report released by Orange for all its branches and for the entire group. Orange is the mobile telephony division of France Telecom. The data revealed by the French operator show the Romanian branch to have increased by 42.3% in 2003, calculating the growth in euros. It had made 328 million-euro revenues in 2002. Also in 2003, Orange Romania attracted 1.106 million new customers for its services. The customer base of the Romanian operator therefore rose by 50% from 2.211 million to 3.317 million. According to its own financial report, Orange Romania made $527 million in total revenues in 2003 and had 3.3 million customers. Total revenues calculated in dollars had reached $370 million in 2002. ZF