Orange delivered solid first-half 2025 results with EBITDAaL up 3.8% to €5.68 billion and organic cash flow from telecom activities up 7.7% to €1.67 billion. Revenues edged up 0.3% year-on-year to €19.85 billion, led by retail services growth (+2.1%) and steady performance in Europe and Africa & Middle East. The company raised its full-year EBITDAaL guidance to growth above 3%.
Mobile and broadband networks continued to expand. Group mobile accesses reached 261.6 million (+6.4%), including 98.1 million contract customers (+7.8%) and 163.5 million prepaid lines. Convergent customers rose to 9.2 million (+1.5%). Fixed broadband connections increased to 22.4 million (+4.4%), of which 15.5 million were very high-speed broadband lines (+13.3%). FTTH subscribers climbed 14.2% to 14.4 million, while the total number of households connectable to Orange fiber rose 9.3% to 62.9 million. Across all services, Orange reported nearly 300 million total accesses by mid-2025.
Regional performance diverged. France posted a 0.9% EBITDAaL increase, with 116,000 new mobile customers, 29,000 new fixed broadband connections, and convergent ARPO rising to €77.9. Customer satisfaction improved with a Net Promoter Score above 33, and mobile churn held at 11.4%.
Africa & Middle East remained the growth engine, adding 10.8 million mobile customers for a total of 166.7 million (+6.9%), including double-digit growth in 4G (+20.2%). The region now counts 4.4 million broadband subscribers (+23%) and 42.8 million active Orange Money users (+20%).
In Europe, convergent services grew 5.3%, boosted by 26,000 net additions and higher ARPO in Poland. Tower unit TOTEM reached 26,794 sites with a tenancy ratio of 1.44, moving closer to its 1.5 target for 2026.
• Group revenues €19.85B (+0.3%); EBITDAaL €5.68B (+3.8%)
• Organic cash flow €1.67B (+7.7%); eCAPEX €3.02B (+4.1%)
• Total accesses: 299.6M; Mobile: 261.6M (+6.4%); Contracts: 98.1M (+7.8%); Prepaid: 163.5M
• Fixed broadband: 22.4M (+4.4%); Very high-speed broadband: 15.5M (+13.3%)
• FTTH: 62.9M connectable homes (+9.3%); 14.4M subscribers (+14.2%)
• France: 116k mobile adds; 29k broadband adds; convergent ARPO €77.9; churn 11.4%
• Africa & Middle East: 166.7M mobile (+6.9%); 4.4M broadband (+23%); 42.8M Orange Money (+20%); mobile ARPO +6.2%
• Europe: Convergent +5.3%; 132k mobile net adds; 15k fixed broadband net adds (55k fiber)
• TOTEM: 26,794 tower sites; tenancy ratio 1.44 (target 1.5 by 2026)
Christel Heydemann, CEO of Orange Group, said: “Orange delivered a solid first half, allowing us to raise our EBITDAaL growth target for 2025. Our commercial performance was excellent in France, Europe and Africa & Middle East, with a double-digit increase in EBITDAaL in Africa & Middle East for the tenth consecutive half.”
🌐 Why it Matters: Orange’s results highlight how network scale, fiber rollouts, and mobile data growth in Africa & Middle East are offsetting revenue pressure in France and Orange Business. Rising ARPO, strong FTTH take-up, and tower co-tenancy gains underline the company’s ability to monetize infrastructure as demand shifts toward 5G, broadband, and digital payments.
