The CFO of Orange believes telcos have to do a better job of explaining to the financial markets how and why they are creating value.

Ramon Fernandez was responding to a question at Mobile World Congress about the volatility of European telecoms stocks, which are at their lowest point in the last 15 years.

Shares in Orange grew two percent during 2017, but have fallen four percent since the turn of the year.

Fernandez highlights the likes of Orange Bank last year, which has garnered 100,000 customers in the first few months of operation, as an example of the innovation that is needed to convince sceptical investors.

“There is a lot going on and I think over time, markets will recognise this and come back to the telecoms sector,” the CFO says.

You can watch the full video, in which Fernandez also discusses the French telecoms market and Orange’s overall financial performance, below.

 

More Features

Opinion: Cloudification is coming, but processes and culture must change Opinion: Cloudification is coming, but processes and culture must change By Santiago Madruga, VP of Communications Service Providers market, Red Hat EMEA More detail
Vodafone’s IoT head hits out at "annoying" criticisms of operator role Vodafone’s IoT head hits out at The claim that connectivity is a commodity has existed in the mobile industry for some time and has recently extended itself to the Internet of Things. More detail
Telcos bet on eSports to get down with the kids Telcos bet on eSports to get down with the kids In some circles, attempting to shrug off the image of being a bunch of crusty old network engineers by buying an eSports team would be regarded as the very definition of having a midlife crisis. More detail
Deutsche Telekom’s Head of Europe rails against “really dangerous” regulatory mindset Deutsche Telekom’s Head of Europe rails against “really dangerous” regulatory mindset Complaining about the regulatory landscape has been de rigueur in European telecoms for many a long year. More detail
Stick or twist? Operators split on whether non-telco services strengthen their hand Stick or twist? Operators split on whether non-telco services strengthen their hand Should operators in Europe be happy with single-digit revenue growth over the next few years?  More detail
    

@eurocomms

Other Categories in Features