Orange SA (ORAN.N)
24 Oct 2014
|Market Cap (Mil.):||$38,784.27|
|Shares Outstanding (Mil.):||2,648.89|
PARIS/FRANKFURT - Orange posted third-quarter results that were slightly higher than forecast as France's largest telecom company cut costs more rapidly than expected and customers signed up for faster 4G mobile services.
* French mobile market needs mergers but we won't lead -CFO
PARIS/FRANKFURT - French telecoms operator Orange SA still believes the mobile market needs consolidation, but an executive said on Thursday his company is not prepared to kick-off such a move, three months after it dropped a bid for rival Bouygues SA.
PARIS/FRANKFURT, Oct 23 - French telecoms operator Orange SA still believes the mobile market needs consolidation, but an executive said on Thursday his company is not prepared to kick-off such a move, three months after it dropped a bid for rival Bouygues SA.
PARIS/FRANKFURT, Oct 23 - Orange SA, France's largest telecom operator, posted quarterly results largely in line with expectations but relied on steeper cost-cutting to stabilise profit margins, even as it reported rising subscriptions to its faster 4G mobile services.
(Adds Goldman Sachs, Orange, Timen, Rhoen Klinikum; updates Chesapeake, MOL Group, Kloeckner Pentaplast)
MADRID - French telecoms group Orange has lowered the threshold of shareholder backing it needs in order for its 3.4 billion euro ($4.36 billion) offer to buy Spanish operator Jazztel to go through.
* Investors hope for French mobile consolidation (Adds comments by industry sources, updates share prices)
MADRID, Oct 12 - Orange will not raise its 3.4-billion-euro (4.29 billion US dollar) offer to buy Spanish operator Jazztel, the French telecoms group's chief executive said in an interview on Sunday.
PARIS - French telecom operator Orange is studying whether to float its African and Middle Eastern units as a way to raise money to cut debt and reinvest in Europe, the company said on Friday.
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