Orange Hits 2025 Targets with 3.8% EBITDAaL Growth, Africa & Middle East Drives Double-Digit Expansion
Event summary
- Orange achieved all 2025 objectives under its Lead the Future strategic plan, with EBITDAaL growth of 3.8% and organic cash flow up 8.3% to €3.7 billion.
- Africa & Middle East recorded double-digit revenue and EBITDAaL growth, adding 19.6 million customers in 2025.
- Binding agreement signed with Lorca to acquire full ownership of MasOrange, reinforcing Orange’s leadership in Spain.
- PremiumFiber, a joint venture with Vodafone and GIC, began operations in Spain, becoming the largest FiberCo in Europe.
- Non-binding joint offer submitted with Bouygues Telecom and Free-Iliad Group to acquire part of Altice’s activities in France.
The big picture
Orange’s successful completion of its Lead the Future strategic plan underscores its ability to adapt in a rapidly changing digital market. The company’s focus on value creation and operational efficiency has strengthened its position in Europe and Africa & Middle East, where double-digit growth highlights its role as a growth driver. The strategic moves in Spain and potential acquisition of Altice’s activities in France signal Orange’s ambition to consolidate its leadership and invest in key technologies like fiber and cybersecurity.
What we're watching
- Market Consolidation
- Whether the proposed acquisition of Altice’s activities in France will proceed and its impact on the competitive landscape.
- Regulatory Dynamics
- How regulatory approvals for the MasOrange acquisition and other strategic moves will shape Orange’s market position.
- Financial Performance
- The pace at which Orange can sustain its operational efficiency and growth momentum in a competitive European market.
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