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General

Orange denies Telecom Italia talks, assesses expansion

Tuesday 1 December 2015 | 08:47 CET | News
Orange has denied reports that it has been discussing a possible tie-up with Telecom Italia, but it has admitted hiring banks to carry out an assessment of the European telecoms sector. "Orange's financial and strategic management team is working with banks to finetune its view of the evolution of the telecoms sector in the context of a single market on a 5- to 10-year horizon," a spokesman told Reuters, adding that "as far as Orange is concerned, no target has been identified today and no discussion has been opened with Telecom Italia." The company was responding to a Bloomberg report in

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Categories: General
Companies: Orange / Telecom Italia
Countries: Europe / Italy
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