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Wireless

Orange sees m-banking as key to diversification strategy

Saturday 16 January 2016 | 22:04 CET | News
Orange France deputy CEO Laurent Paillassot told Light Reading why the operator plans to buy 65 percent of Groupama Banque to launch Orange-branded financial services on customers' smartphones. The executive said, "Mobile banking is a key pillar of Orange's strategy to diversify and better connect customers to what is essential in their lives, and an area in which we believe we can be highly successful." Paillassot said Orange will focus its mobile bank in France, aimed to start at the beginning of 2017, before expanding to other European countries the following year.

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Categories: Mobile & Wireless
Companies: Orange / Orange France
Countries: Europe / France
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+ 2.4%
Service revenues y-o-y
France  |  2017 Q2