UK mobile phone operator Orange is expected to post a narrower than anticipated loss for its interim results, but also to show a slight decline in its customers’ average spend.
For the six months ended June 30, 1999, the firm is expected to turn in losses of between 27 million pounds ($43.7 million) and 40 million pounds compared with losses of 49.1 million pounds in the year ago period. Sales are anticipated to be between 771 million pounds and 810 million pounds compared with revenues of 534.4 million pounds a year ago.
But analysts also anticipate that Orange will report a decline in the average revenue per customer to between 383 pounds ($619) and 429 pounds, although this is still considered above the industry average of about 422 pounds per year - a figure that is down 13 per cent from a year ago.
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