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General

Orange CEO doesn't rule out Telecom Italia merger

Wednesday 13 January 2016 | 14:28 CET | News
Stephane Richard, the CEO of French telecommunications group Orange, has denied approaching Telecom Italia's French shareholders Vivendi and Xavier Niel about a possible tie-up with the Italian operator but has refused to rule out such a deal in the future. Orange has ambitions to become "one of the champions of the European telecoms sector in the medium-term and take part in the industry's consolidation, which could also involve Telecom Italia," said Richard, according to Corriere della Sera.

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Categories: General
Companies: Orange / Telecom Italia / Vivendi
Countries: France / Italy
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