Sponsored Links

FRANCE TELECOM Orange announces the completion of the sale of its 35% stake in Orange Austria

* Reuters is not responsible for the content in this press release.

Thu Jan 3, 2013 9:41am EST

For best results when printing this announcement, please click on the link below:

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130103:nHUGcRTD


press release
Paris, 3 January 2013

France Telecom-Orange announces the completion of the sale of its 35% stake in Orange Austria

In accordance with the agreements signed on 2 February 2012 and following the approval of the
competent regulatory and anti-trust authorities, France Telecom-Orange and its partner Mid Europa
Partners ("MEP") have completed today the sale of their combined 100% stake of Orange Austria GmbH
("Orange Austria") to Hutchison 3G Austria Holdings GmbH ("Hutchison"), a subsidiary of Hutchison
Whampoa. France Telecom-Orange held a 35% stake in Orange Austria and MEP a 65% stake.

The sale of Orange Austria, based on an enterprise value of approximately EUR1.3 billion, provides
France Telecom-Orange with cash proceeds of around EUR70 million for the sale of its equity stake.

About Orange
France Telecom-Orange is one of the world's leading telecommunications operators with sales of
45.3 billion euros for 2011 and has 170,000 employees worldwide at 30 September 2012, including
105,000 employees in France. Present in 33 countries, the Group has a total customer base of 227
million customers at 30 September 2012, including 169 million mobile customers and 15 million
broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators
for mobile and broadband internet services and, under the brand Orange Business Services, is one
of the world leaders in providing telecommunication services to multinational companies.

With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees,
customers and shareholders, as well as the society in which the company operates, through a
concrete set of action plans. These commitments are expressed through a new vision of human
resources for employees; through the deployment of a network infrastructure upon which the Group
will build its future growth; through the Group's ambition to offer a superior customer experience
thanks in particular to improved quality of service; and through the acceleration of international
development.

France Telecom (NYSE:FTE) is listed on NYSE Euronext Paris (compartment A) and on the New York
Stock Exchange.
For more information (on the internet and on your mobile): www.orange.com,
www.orange-business.com, www.orange-innovation.tv or to follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material are trade marks of
Orange Brand Services Limited, Orange France or France Telecom.

Press contacts: +33 1 44 44 93 93
Sébastien Audra, sebastien.audra@orange.com mailto:sebastien.audra@orange.com 
Olivier Emberger, olivier.emberger@orange.com mailto:olivier.emberger@orange.com

FT Orange announces the completion of the sale of its 35% stake
http://hugin.info/143465/R/1668089/541583.pdf 


----------------------------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: FRANCE TELECOM via Thomson Reuters ONE


HUG#1668089

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.