Tag: Orange

Banking sector disruption: Orange launches its own bank

Banking sector disruption: Orange launches its own bank

Written by on November 1, 2017 in News with 0 Comments

PARIS/LONDON (Reuters) – Telecoms giant Orange launches its own bank on Thursday, aiming to win 25 percent of France’s online banking market by capitalizing on the rising use of smartphones to steal share from established lenders with inferior technology. The launch is part of a push by the French firm to find alternative revenue streams […]

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Orange plans to dramatically reduce stake in BT

Orange plans to dramatically reduce stake in BT

Written by on June 20, 2017 in News with 0 Comments

PARIS (Reuters) – French telecoms company Orange plans to reduce its stake in British rival BT Group from 4 percent to as little as 1.33 percent, it said on Monday. Shares in BT, Britain’s biggest telecoms operator, have underperformed those of its European peers of late, falling by about 21 percent since the start of […]

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News highlights – 31 August

News highlights – 31 August

Written by on September 1, 2016 in News with 0 Comments

News highlights – 31 August Apple will bring profits back home next year DUBLIN (Reuters) – Apple expects to repatriate billions of dollars of global profits to the United States next year, Chief Executive Tim Cook said in a radio interview on Thursday, but did not specify exactly how much would be returned. Read more… […]

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French telecoms mega-merger talks collapse

French telecoms mega-merger talks collapse

Written by on April 4, 2016 in News with 0 Comments

PARIS (Reuters) – Talks between Orange and Bouygues on a deal to create a dominant French telecoms operator collapsed on Friday, ending an attempt to ease a price war that has ravaged operators’ margins. The failure of the proposed 10 billion euro ($11.4 billion) cash-and-share deal involving Bouygues Telecom is a blow to the two […]

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Orange beats its own profit targets in France

Orange beats its own profit targets in France

Written by on February 16, 2016 in News with 0 Comments

PARIS (Reuters) – France’s biggest telecoms operator, Orange, said on Tuesday that it beat its own profit targets in 2015 as it continued to cut labor costs and benefited from the stabilization of its total sales. Paris-based Orange published 2015 restated earnings before interest, taxes, debt and amortization (EBITDA) of 12.43 billion euros ($13.86 billion), […]

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Orange rumoured to be buying Bouygues Telecom – Bloomberg

Written by on December 8, 2015 in Snippets with 0 Comments

(Reuters) – France’s largest telecom operator, Orange SA, is in talks to buy telecommunication and media assets from Bouygues SA, Bloomberg reported on Monday, citing sources. Bloomberg said a tie-up with its domestic rival was among several possibilities the French carrier was considering. Orange and Bouygues both declined to comment. The multimedia news agency said […]

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Orange IoT network – trail blazing or potential to get burnt?

Orange IoT network – trail blazing or potential to get burnt?

Written by on November 27, 2015 in News with 0 Comments

Mobile operators are facing a familiar timing dilemma when it comes to smart cities. They can target wide area IoT applications aggressively, but make technology compromises, or they can wait for a year or two until it becomes clearer which of the many network choices will have staying power. Or they can keep all their […]

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SDN and NFV being oversold by vendors warns operator

Written by on October 15, 2015 in Snippets with 0 Comments

France’s Orange is accusing vendors of undermining the business case for SDN and NFV by “overselling” the technologies and fueling unrealistic expectations at Board level. Vendors of the¬†NewIP¬†technologies have been making some bold claims about the cost savings and service-related benefits operators can realize from investing in network functions virtualization (NFV) and software-defined networking (SDN). […]

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Orange NOT pulling out of Israel

Orange NOT pulling out of Israel

Written by on June 7, 2015 in News with 0 Comments

PARIS (Reuters) – Orange has no plans to quit Israel, its chief executive officer said on Saturday, following a row this week over its plan to end a licencing deal there. Israel protested to France after CEO Stephane Richard said the 25 percent state-owned telecoms group planned to terminate an arrangement with Israel’s Partner Communications, […]

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French watchdog investigating Orange’s enterprise business

French watchdog investigating Orange’s enterprise business

Written by on May 14, 2015 in News with 0 Comments

PARIS (Reuters) – France’s competition regulator has opened an investigation into national telecoms group Orange, it said on Wednesday, adding that it was too early to judge its outcome. Orange itself disclosed the existence of the inquiry, which concerns its business of selling fixed and mobile services to corporate customers, in its annual report published […]

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