Eurobites: Pain in Spain punches hole in Orange’s Q1

Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.
Orange suffered pain in Spain during the second quarter, as the business environment there forced the group to “book a significant impairment” in the value of its assets, to the tune of €3.70 billion. Spanish troubles aside, re