Ramon Fernandez | Deputy CEO, Finance, Performance and Development, Europe |
Fabienne Dulac | Deputy CEO of the Group, CEO of Orange France |
Jérôme Barré | Chief Executive Officer of Wholesale and International Networks |
Paul de Leusse | Deputy Chief Executive Officer for mobile financial services |
Helmut Reisinger | Chief Executive Officer of Orange Business Services |
Alioune Ndiaye | Chief Executive Officer of Orange Middle East and Africa |
Gervais Pellissier | Delegate CEO, Executive Director Human Resources and Group Transformation |
Nicolas Cote-Colisson | HSBC |
Roshan Ranjit | Deutsche Bank |
Mathieu Robilliard | Barclays |
Sam McHugh | Exane BNP Paribas |
Jakob Bluestone | Credit Suisse |
Andrew Lee | Goldman Sachs |
Alexandre Roncier | Bank of America |
Jerry Dellis | Jefferies |
Emmet Kelly | Morgan Stanley |
Thomas Coudry | Bryan Garnier |
Abhilash Mohapatra | Berenberg |
Good morning, and welcome to our Q3 2021 results presentation, and we are going to jump to Slide 4, which presents the key highlights of the quarter.
You can see that Africa, Middle East is still the main growth engine for group's revenue with a double-digit top line increase this quarter.
You can see that in France, retail services kept accelerating at plus 3.7%, excluding PSTN, and we have extended our 5G coverage reaching close to 700 municipalities. In Spain, a new milestone in the recovery action plan has been reached with the simplification of our portfolio from 5 to 3 brands, while 1 Spanish out of 2 has coverage with our 5G network.
The other European countries pursued their solid commercial momentum, fueling retail service revenue growth at plus 5.7% this quarter while completing 2 key strategic projects, namely the TKR acquisition in Romania and the Polish fiberco.