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Orange reports “very solid” Q1

April 23, 2026

Orange, the French multinational telco, has reported that Q1 2026 revenues increased 3.5 per cent to €10.09 billion, driven by double-digit growth in Africa & Middle East (+12.7 per cent), and robust performances in France (+2.3 per cent) and Europe (+2.2 per cent)

The company reported a sustained retail performance (+2.9 per cent) in France, Europe, and Africa & Middle East, along with strong wholesale revenue growth (+6.1 per cent) driven by significant fibre co-financing received in France.

Christel Heydemann, Chief Executive Officer of Orange Group, commented: “The first quarter of 2026 marked the launch of our Trust the future plan and we are fully focused on its implementation. Our very solid first-quarter results demonstrate both the performance of our teams and the relevance of our strategy.”

“We delivered a sustained commercial performance in Africa & Middle East, which remains the main contributor to our growth, as well as in France and Europe. In the current environment, Orange remains strong and resilient, with limited exposure to the effects of the Middle East crisis. Our ongoing progress in operational excellence and efficiency is reflected in EBITDAaL growth and allows us to upgrade our 2026 guidance. The full takeover of MasOrange, whose closing is expected to occur by the end of the second quarter, will further strengthen the Group’s position at the heart of Europe’s telecom market.”

“Furthermore, we have announced along with Bouygues Telecom and Free-iliad Group that we have entered exclusive negotiations with the Altice France group for the acquisition of SFR. This is a decisive step, even though there is no certainty at this stage that an agreement will be reached. Our thanks go to all of Orange’s employees for these important achievements in the first quarter,” concluded Heydemann.

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