The Orange and MásMóvil merger is set to bring job cuts and the elimination of smaller and low-cost brands. The companies combined manage up to 13 commercial brands, servicing some 30 million lines, both fixed broadband (over 7 million) and mobile (20.2 million) and pay-TV (1.5 million subs). The merger will bring a brand and […]
Orange has published the third edition of the Observatory of Digital Uses, in partnership with OpinionWay. Created in 2018 by Orange and OpinionWay, the Observatory is returning in its third edition to provide feedback on digital uses in 2021. This year, the Observatory aimed to measure the development of digital behaviorus, the health crisis’ impact […]
Orange Spain’s intention to merge its Spanish operations with MásMóvil in Spain will be neutral for the rating but will attract high EU competition and regulatory scrutiny due to resulting market consolidation, reports Fitch. Orange and MásMóvil have announced that they have entered into exclusive discussions to combine their businesses in Spain to create a […]
Telcos Orange and MásMóvil have confirmed they are in exclusive discussions to combine their businesses in Spain. The combination would take the form of a 50-50 Joint Venture, co-controlled by Orange and MásMóvil (LORCA JVCO) with a combined enterprise valuation of €19.6 billion. Valuations are attractive for both businesses, with Orange Spain’s enterprise value at […]
Intelsat, the integrated satellite and terrestrial network operator, has been selected by Orange Mali SA to bring 3G and 4G connectivity to hard-to-reach areas in Mali, the eighth largest country in Africa. The agreement marks a first in Francophone West Africa – the successful deployment of 4G networks over satellite, judged to be the optimal […]
Spanish platform Movistar is reportedly finalising an agreement with streaming service DAZN whereby the Telefónica-owned platform will pay €1.4 billion to host all La Liga football matches over the next five years. Both Movistar and DAZN jointly acquired the pay-TV football rights for the next five seasons paying €990 million per season each. With the […]
Orange Spain did not have a prosperous 2021. Its latest results reveal that in 2021 its revenues fell by 4.7 per cent to €4.72 billion with EBITDA dropping by 12.7 per cent to €1.2 billion. The company saw its revenues per service fall by 8 per cent to €3.19 billion. Revenues per convergent offer also […]
Orange has reported revenues up 0.8 per cent to to €42.5 billion for the full year 2021, driven by the solid performance of Africa & Middle East (+10.6 per cent) and a strong increase in equipment sales (+8.5 per cent). The Frenchl telco now has 11.8 million FTTH customers (+22.1 per cent) out of 56.5 […]
Telstra Broadcast Services (TBS) has named Pierre Seban as Head of Business Development for the EMEA region, responsible for expanding the company’s professional broadcast and media portfolio across the UK, Europe, Middle East, and Africa. Seban will focus on strengthening relationships and developing new partnerships with international broadcasters, rights owners, channel partners and service providers. […]
Orange Spain, Spain’s second largest network, is exploring a merger with MásMóvil, the fourth largest telco, according to local reports. Both companies would share 50 per cent of the new group, including MasMovil’s shareholders: buyout funds KKR, Cinven and Providence. The resulting company would approach Telefonica in szie, and leapfrog Vodafone, currently the third largest. […]