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General

Orange excludes Bouygues acquisition

Wednesday 2 July 2014 | 10:20 CET | News
Orange said it cannot take part in an operation to consolidate the French telecom market for now, finding that conditions have not been met. Without elaborating further, the operator stated "Orange has examined the possibilities of participating in an operation that would lead to consolidation in the French telecoms market, and believes that it cannot pursue this avenue at the present time as the conditions that the group has set have not been met." Orange reportedly hired two banks in early June to look into the possibility of buying Bouygues Telecom, an operation that would require

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Categories: General
Companies: Bouygues Telecom / Iliad / Orange
Countries: France
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