Orange enters talks to sell Orange Armenia to Ucom

Wednesday 22 July 2015 | 08:45 CET | News
Orange has entered into exclusive discussions with Armenian ISP Ucom to sell it 100 percent of its mobile subsidiary Orange Armenia. The planned disposal is in line with Orange's Essentials2020 plan, which sees the group focus on providing customers with high-quality mobile and fixed convergent services. The operator said that although Orange Armenia has made significant progress in subscriber numbers and profitability, it does not have the necessary scale to carry out by itself the massive investment necessary to offer convergent services. Its sale to Ucom would enable the creation of a

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Categories: Mobile & Wireless
Companies: Orange / Orange Armenia
Countries: Armenia
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