Orange TV subscribers up 54,000 in 2Q 2019

PARIS — Orange has released financial results to June 30, 2019. In the 2nd quarter of 2019, revenues returned to growth, rising 0.5% year on year on a comparable basis. Restated for the impact of the promotional period for ePresse and audiobook offers in 2018, it would have grown 0.7% despite a very competitive environment on the Group’s main markets (France and Spain).

The company finished the quarter with 9.712 million IPTV and satellite customers, up 54,000 in the quarter and up 503,000 year-on-year. France finished with 7.153 million subscribers. All markets saw a rise in TV subscribers in the quarter except for Spain where subscriptions fell by a further 41,000.

IPTV and satellite customers (in thousands)

                         1Q17    2Q17  3Q17   4Q17   1Q18   2Q18   3Q18   4Q18   1Q19   2Q19  Δ QoQ  Δ YoY
                        -----  -----  -----  -----  -----  -----  -----  -----  -----  -----  -----  -----
France                  6,687  6,740  6,841  6,861  6,867  6,912  6,959  7,043  7,103  7,153     50    241
Spain                     537    541    593    626    641    639    685    716    705    664    -41     25
Europe                  1,347  1,378  1,433  1,522  1,589  1,658  1,730  1,794  1,850  1,894     44    236
 Poland                   775    792    814    848    875    900    921    943    959    972     13     72
 Belgium & Luxembourg      58     68     85    107    126    140    159    184    204    219     15     79
 Central Europe           511    518    534    567    588    618    650    668    688    703     15     85
                        -----  -----  -----  -----  -----  -----  -----  -----  -----  -----  -----  -----
Total                   8,570  8,660  8,867  9,008  9,097  9,209  9,374  9,553  9,658  9,712     54    503