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General

Orange CEO sees possible French consolidation in 2016

Monday 7 September 2015 | 15:30 CET | News
The French market may see another attempt at consolidation next year, when the next auction of LTE frequencies takes place, according to Orange CEO Stephane Richard. While Orange is the least likely to participate in any mergers in France, Richard said in an interview with Les Echos that the situation of each of its main rivals "raises questions". "Numericable-SFR is losing customers, Bouyges Telecom is adding them, but is still in a delicate financial situation, and Free must invest massively in its network," Richard noted. An attempt earlier this year by Numericable-SFR to acquire Bouygues

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Categories: General
Companies: Bouygues Telecom / Numericable / Orange / SFR
Countries: France
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