Orange expects investment to peak at EUR 7.4 bln in 2018, before declining from 2019

(Telecompaper) Orange reaffirmed the priorities outlined in the ‘Essentiels2020’ five-year strategy, launched in March 2015, and provided more detailed financial targets for the years to come at its Investor Day in London. The group said it plans to reach a peak investment spend of EUR 7.4 billion in 2018 and expects this to decline from 2019. It is guiding for adjusted EBITDA growth of around 2 percent in 2017, with an acceleration in 2018 and positive growth across 2019 and 2020. …read more

Source:: TelecomPaper