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General

Orange interest in Telecom Italia depends on Bollore - CEO

Wednesday 9 March 2016 | 08:42 CET | News
Stephane Richard, the CEO of French telecommunications group Orange, has commented that the company may consider merging with Telecom Italia if Vincent Bollore, the chairman of French media group Vivendi, invites him to do so. "If one day Mr. Bollore tells me, 'the best thing would be to make a deal between us and make Orange buy Telecom Italia', then we'll see," said Richard at the sidelines of an event in Cairo, according to Reuters. However, he went on to add that: "I don't think it's in his intentions." Vivendi is Telecom Italia's leading shareholder, having increased its stake by another

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