Orange outlines large-scale broadband investment plan

Orange plans to invest over €15 billion in its broadband networks over the next three years as part of its Essentials2020 strategic plan, unveiled today.

The company said it plans to triple broadband speeds on both its fixed and mobile networks in that period. In France, Orange will triple its investments in fibre by 2020 and increase the number of connected homes from 3.6 million at the end of 2014 to 12 million in 2018 and to 20 million in 2022.

In Spain, the Group will continue to expand its fibre network and its TV offering with the aim of doubling convergent revenues by 2018, helped by the acquisition of Jazztel, which is currently being examined by the EC.

Orange is deploying its own fibre network in Poland to reinforce its position as the incumbent operator, while in Belgium Orange’s local subsidiary is testing a TV-over-cable offering.