M&A Activity • Jan 5, 2016
M&A Activity
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Paris, 5 January 2016
Announcement of preliminary discussions between Bouygues and Orange
Bouygues Telecom has returned to growth on the back of its strategies to develop digital uses, and its transformation plan. Bouygues firmly believes that its telecoms activity can create value in the future in a context marked by the rapid expansion of Very-High-Speed mobile and fixed services.
As it is interested in opportunities that would enable it to bolster its long-term presence in the telecoms sector, Bouygues announces that preliminary discussions have started with Orange to look at the possible options. Therefore, a confidentiality agreement was signed today by Bouygues and Orange.
In keeping with the values it holds dear, Bouygues will attach decisive importance, in all the discussions it will pursue, to the interests of Bouygues Telecom employees and to investment momentum within the sector, which must remain strong in the interests of the consumer.
For the moment, no decisions have been taken and there is no guarantee that there will be an outcome to these preliminary discussions. According to the progression of these discussions, more information will be disclosed in due course.
Press contact: +33 (0)1 44 20 12 01 – [email protected]
Investors and analysts contact: +33 (0)1 44 20 10 79 – [email protected]
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