Orange (ORAN) reaffirms its strategy at its Investor Day

 

Orange reaffirms its strategy at its Investor Day 

• Orange announced that it has reached the halfway point in its Essentiels2020 plan, and after having restored growth, the Group is reaffirming its strategy to differentiate itself through the quality of its networks and customer experience, and has set itself new operational performance objectives. The Group's strategy seeks to leverage targeted investments that aim to reinforce the excellence of its networks and offer enriched services.
• The acceleration of the Group's operational performance can be illustrated notably through the fact that the deployment of fibre in France is now ahead of schedule allowing Orange to plan for 20 million FTTH connectable households in high-density and medium-density areas by 2021, rather than 2022. In less-dense areas, covered by public-initiative networks, Orange now aims to win contracts for the deployment of infrastructure for around 30% of the area.
  • In Spain, Orange will reach 16 million FTTH connectable households in 2020 rather than the 14 million households that were initially planned and that will in fact be achieved as soon as 2018.