Orange reported growth in its operation in Africa and the Middle East, posting revenues increasing by 12% year-on-year to €1.77 billion in Q2 due to the rapid development of retail services.
In a statement, the operator said all countries in the region “grew more than half achieving double-digit growth."
“The region continued to demonstrate its agility and resilience amid security tensions and currency devaluations in some countries,” Orange stated.
Mobile subscriber base grew by 5% year-on-year to 146.2 million, and average revenue per order grew 4.3%.
The growth was attributed to its retail division which grew overall 11.2% accounting for €1.57 billion of revenue. Within retail, mobile data grew by 16.7%, fixed broadband by 16.8% and its Orange Money service surged 25.5%.
Seven out of 16 countries in the region saw double-digit EBITDAaL growth in H1 but Orange did not disclose figures. Capex increased 17.1% to maintain the momentum of growth, but again figures were not disclosed.
Overall, the group saw revenues grow by 2.6% in the quarter totalling €10.9 billion, EBITDAaL was flat at a growth rate of 1% to €3.3 billion.
Orange group CEO Christel Heydemann said: “The excellent performance in Africa and the Middle East is down to our investments in the network, the satisfaction of our customers and the very strong rebound of Orange Money.”