PARIS, July 26 (Reuters) - Market conditions are likely to lead to a new round of merger talks between France’s four telecom operators from 2019, Orange’s chief executive officer Stephane Richard said on Thursday.
Orange, France’s number one telecoms operator, would not take a leading role in a potential consolidation of the telecoms market, Richard told analysts in a call, but would facilitate any deal and would potentially buy some assets.
“In the medium term, (which) could be from 2019, I still think very strongly that the economics of the French market will make the conditions of a consolidation unavoidable,” Richard said.
“We don’t expect anything in the short term...,” he added.
Reporting by Mathieu Rosemain and Gwenaelle Barzic Editing by Geert De Clercq
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