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Orange ready to discuss acquisition of Alcatel Submarine Networks with Nokia and Bpifrance

Friday 3 May 2019 | 10:18 CET | News
Orange CEO Stephane Richard told Le Figaro that the company is ready to consider a takeover of Nokia's subsidiary Alcatel Submarine Networks (ASN), joining forces with state-owned French investment bank Bpifrance. Richard said that the French government has encouraged Orange to play a part in the acquisition, as ASN's assets are considered as an element of the country's sovereignty. Nokia recently discussed the disposal of ASN with optical network equipment supplier Ekinops, but talks failed after several months of negotiations. 

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Categories: Fixed
Companies: Alcatel Submarine Networks / Nokia / Orange
Countries: France
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