tag: orange

Orange to buy out Orascom in Egypt’s Mobinil

Orange has announced it has entered into an agreement to buy out Orascom Telecom Media and Technology (OTMT) in the Egyptian Company for Mobile Services (ECMS), which operates under the Mobinil brand.

Orange slows full year revenue decline but price war continues to bite

Orange has posted its full year results for 2014 showing slowing of revenue decline. The telco, which has implemented some fairly hefty cost-cutting measures to better margins, said it has managed to achieve all of its targets for last year. However, it predicts decline will continue in 2015 as the price war in the French market continues to bite.

Hutchison, Telefónica in merger talks over O2, Three – report

Hong Kong-based Hutchison Whampoa and Spain’s Telefónica are in talks over a possible merger of their respective UK subsidiaries Three and O2, according to a report. Following BT’s preliminary talks with owners of EE, Orange and Deutsche Telekom (DT), as well as Telefónica over O2, it was reported Hutchison was also preparing to bid for one of the two UK operators.

Sharon White’s appointment as Ofcom chief confirmed

Following reports last week, UK regulator Ofcom has confirmed the appointment of Sharon White as its new Chief Executive. Joining from the HM Treasury, where she is Second Permanent Secretary, White will officially take the reins in March next year.

Orange CEO expecting BT EE bid decision by Christmas

The Chief Executive of Orange, Stephane Richard, has dropped a hint about the ongoing discussions with BT over a possible acquisition of EE, allegedly stating that he’s expecting a decision from the British telco in the next few weeks.

EC expands scrutiny of Orange’s Jazztel bid

The European Commission (EC) has decided to expand on its assessment of the proposed acquisition bid by Orange for Jazztel. The EC announced the in-depth investigation is to determine whether the proposed acquisition is in line with EU merger regulation.

Vodafone Greece targets multiplay with Hellas Online acquisition

Vodafone Greece has moved closer to becoming a multiplay service provider by acquiring 72.7% of Hellas Online (HOL), the country’s second largest broadband and fixed-line services provider. The mobile operator acquired Hellas Online for a total cash sum of €72.7m (£57.56m).

Hutchison preparing to bid for EE or O2 – report

Following the news earlier this week about BT’s preliminary acquisition talks with EE and O2, it has been reported Hutchison Whampoa is preparing to make an offer of its own for one of the mobile operators.

EE confirms BT talks, industry opinion divided

Deutsche Telekom and Orange, the joint shareholders of EE, have confirmed initial discussions with BT over a possible sale of the UK mobile operator. In a statement the German and French giants said they are exploring the possibility as part of their regular market assessment to evaluate different strategic options.

Altice open to acquiring Bouygues Telecom – report

The CEO of Altice, Dexter Goei has indicated the French cable group could acquire Bouygues Telecom. According to a report, Goei said the firm, owned by billionare Patrick Darhi, would make a perfect candidate to buy the Telecom arm of Bouygues Group, a fellow French firm.

Ericsson, Millicom partner on Tigo Cash for West Africa

Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services.

Swiss telcos form net neutrality agreement

The four leading Swiss service providers, as well as the country’s cable operator association Swisscable, have joined forces to formulate an official code of conduct on net neutrality. Swisscom, Sunrise, UPC Cablecom and Orange, as well as Swisscable, are working to keep the internet open in Switzerland, according to an official statement from Swisscom.

Telcos voice concerns about taking core networks to the cloud

Under threat from companies not traditionally viewed as competitors, telcos are racing to both offer cloud services to end-user customers and tap into the cloud to run core network functions in a bid to make their value propositions more competitive and infrastructure more dynamic. But cloud experts from Orange, Swisscom and AT&T have each voiced concerns around just how capable the sector may be at managing such a bold transformation with existing tools.

Orange Q3 revenues drop but says is on course for annual target

Orange has reported a year-on-year drop in its 3rd quarter revenues but claimed it achieved excellent commercial performance, particularly in France, and in stabilising its EBITDA margin. It also claimed it is on course to reach its 2014 objectives.

Orange focuses on IoT in product showcase

Orange has announced a host of new products and services at its third annual hello show in Paris. The company seemed determined to address almost every aspect of modern life as it showcased some 20-odd products and product enhancements for “connected home, connected business and on-the-go.”

Orange launches $50 smartphone in emerging market push

Orange will launch a new, ultra-cheap smartphone in select emerging markets week, starting with Madagascar. The Alcatel OneTouch Pixi 2 Maxi smartphone, which features a dual-SIM port, will be on sale for about $50.

Orange makes play for Jazztel Spain

Operator group Orange said Tuesday it has made a cash offer for 100 per cent of Spanish carrier Jazztel, to the tune of €3.4bn.

Bouygues to cut 1,516 jobs as French M&A talks collapse

French multi-play operator Bouygues has announced plans to cut more than 1,500 jobs, after CEO Olivier Roussat told a press briefing that consolidation-focused discussions being held with incumbent Orange and fast-growing newcomer Iliad had stalled.

Consolidation close in France and Italy, say reports

The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.


What will be the most important 5G technology?

Loading ... Loading ...