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General

Orange eyes Europe expansion, Telecom Italia tie-up - report

Monday 30 November 2015 | 17:42 CET | News
Orange is working with advisers on a number of possible opportunities for European expansion, including a tie-up with Telecom Italia, people familiar with the matter told Bloomberg. Telecom Italia CEO Marco Patuano told reporters at an event in Rome that his company is not in any talks with Orange. Any move by Orange would have to be approved by two new Telecom Italia shareholders, Vivendi and Iliad-owner Xavier Niel. The French group's head of Europe, Gervais Pollisier, had said in June that European consolidation would continue as larger groups target single-market operators such as Telecom

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