Orange CEO: Consolidation in France is unavoidable

27 Jul 2018

Orange Group CEO Stephane Richard has revealed that consolidation in the French market is ‘unavoidable’, as market conditions are likely to lead to a new round of merger talks between the four telecoms operators from 2019 onwards, Reuters writes. The executive added that Orange would not take a leading role in a potential consolidation of the telecoms market but would facilitate any deal and could buy some assets. Richard also said Orange was not working on any cross-border deals in Europe, though he pointed out that his company could make selective acquisitions in the African and Middle East region.

France, Orange France, Orange Group