Orange confirms renewed discussions with the Bouygues Group
Orange confirms that it has renewed preliminary discussions with the Bouygues Group with a view to a consolidation with Bouygues Telecom.
These discussions are not limited by any particular calendar and hold no commitment to any particular predefined outcome.
The Group is exploring the opportunities available within the French telecoms market, while keeping in mind that its investments and its solid position afford it a total independence in its approach.
Orange will act solely in the interests of its shareholders, its employees and its customers and will be particularly vigilant with regards to the value created through any resulting project.
Orange is one of the world’s leading telecommunications operators with sales of 40,9 billion euros in 2016 and 155,000 employees worldwide at 31 December 2016, including 96,000 employees in France. Present in 29 countries, the Group has a total customer base of 263 million customers worldwide at 31 December 2016, including 202 million mobile customers and 18 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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