Mobile telephony operator Orange Romania has seen an about 40 percent revenue boost in the first nine months of this year, compared with the same time in 2002. The latest financial report released by parent company Orange on Wednesday shows the Romanian branch posted total revenues of 336 million euros throughout January 1 – September 30, 2003.
Orange Romania’s revenues in the first nine months of 2002 amounted to 241 million euros.
The same report shows Q3, 2003 revenues amounted to 130 million euros, from the 109 million euros for the April 1- June 30 period. Simple calculations show Orange Romania’s Q3 revenues rose 19.26 percent against Q2.
Orange’s results include the impact of the fluctuations in foreign exchange rates on the Romanian market in the last twelve months. The mobile telephony operator gained 315,000 new clients in the third quarter. Orange Romania was registering 2.905 million users on September 30, compared with 2.590 million on June 30, the same financial statement shows.
The number of subscribers went up about 44 percent in one year, from the 2.020 million registered on September 30, 2002.
Unlike the turnover, the annual average revenue per user shed 22 percent over the last twelve months.
Whereas the average revenue per user calculated by Orange Romania in late September 2002 was of 218 euros, it amounted to 170 euros in the first nine months of 2003.
One of the reasons would be the increase in the number of those clients preferring prepaid services.
The average revenue per user on the prepaid segment is known to be much lower than on the post-paid segment.
Orange Group’s revenues went up 8.1 percent in the third quarter this year to 4.7bn euros. It had 46.9 million subscribers worldwide by the end of September, with 1.325 million clients gained throughout July-
September compared with April-June.
iuliana.susanu@zf.ro