FT-Orange not planning sale or purchase of Mobistar shares

5 Dec 2012

France Telecom-Orange has reiterated that it has no interest in divesting the holding it has in Belgian mobile network operator Mobistar, while it has reportedly also stated that it does not plan to acquire the shares in the cellco which it does not currently own. FT-Orange CEO Stephane Richard was cited by Reuters as saying that he was glad his company had not taken full control of Mobistar last year, in particular because of the difficult conditions in the French market, with executive noting: ‘That’s why buying out the minority shareholders in Mobistar is not on our agenda today.’ Setting out the French firm’s commitment to the Belgian operator, Mr Richard added: ‘France Telecom has been in the Belgian market for 17 years, we have no plans to leave.’

Belgium, Orange Belgium, Orange Group