Orange says it lifts its full-year financial outlook, citing momentum in its Africa and Middle East operations and the effect of consolidating a Spanish business acquired as part of its Spain deal. The company points to record growth in its first half, and it now includes its Spanish operations in full for the first time. Orange raises guidance for EBITDAaL—a key after-leases profit metric used by the telecom industry. For 2026, it now expects EBITDAaL to increase by more than 4%, compared with earlier guidance of above 3%. The guidance update reflects continuing growth in Orange’s mobile activities in Africa and the Middle East, which the company identifies as a main driver of the improved outlook. Overall, Orange’s revised estimates tie the stronger performance to both regional business expansion and the financial contribution from the newly consolidated Spanish business.