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News
France plans secondary share sale to cut stake in Orange
1+ mon, 1+ week ago (278+ words) France is set to sell a small part of its stake in Orange, the country’s biggest telecoms operator, in a share sale launched on Thursday, two people familiar with the matter said, with one saying it could raise €1.1 billion ($1.27 billion)…...
Orange acquires 100% ownership of MasOrange
3+ mon, 2+ day ago (175+ words) Orange has announced that it has completed the acquisition of the 50% stake in MasOrange held by Lorca, its joint venture partner in Spain. The Group now owns 100% of the operator’s capital and will fully consolidate MasOrange’s results in its financial…...
Talks continue among French carriers on potential SFR takeover
3+ mon, 3+ week ago (253+ words) Communications Today French telecoms group Altice said on Friday, May 15, that talks with three rivals on selling them its SFR mobile operator would be extended until June 5, adding there was “no certainty” they would reach a deal. The exclusive discussions…...