Orange announces a non-binding agreement with Lorca to acquire their 50% stake in MasOrange and fully own the leading operator* in Spain
This transaction will accelerate Orange's strategic plan “Lead the Future” and further strengthen Orange's position in Spain, the Group's second-largest market in Europe. With full ownership, Orange confirms its long-term industrial commitment in Spain, and its confidence in MasOrange and its management to create value for all stakeholders.
Press contacts
Download the press release
The signing of a binding agreement is expected before the end of 2025 and will be conditional upon the agreement on the final terms and conditions.
The transaction will be presented to the relevant employee representative bodies. It will then have to be cleared by the relevant regulatory authorities. The completion date is expected in H1 2026.
*in customer volume