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EE's 50-50 situation is not a long-term scheme - Orange CEO

Friday 21 November 2014 | 10:15 CET | News
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UK mobile operator EE, a joint venture between Orange and Deutsche Telekom, is not sustainable in its current form in the long term, Orange CEO Stephane Richard told a Morgan Stanley conference in Barcelona, the Wall Street Journal reports. "The 50-50 situation isn't a long-term scheme. In the mid-term future, we will have to think with the Germans about the evolution of EE. All options are open." This could include a public listing or a separate M&A deal that would give EE a fixed broadband service. Richard said he was happy about EE's performance and sees it as a very attractive asset for

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Categories: General / Mobile & Wireless
Companies: Deutsche Telekom / EE / Orange
Countries: United Kingdom
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