Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Orange M&A Activity 2016

Jun 10, 2016

1574_iss_2016-06-10_0642b3c0-c6e6-401e-bd62-05339e5e94d8.pdf

M&A Activity

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

Orange completes the sale of Telkom Kenya to Helios Investment Partners

In accordance with the agreement signed in November 2015 between Orange and Helios Investment Partners, and following the approbation of the relevant authorities, Orange today completed the sale of its entire 70% stake in Telkom Kenya.

The Africa and Middle-East region remains a strategic priority for the Group. This divestment reflects Orange's constant focus on optimizing its portfolio of assets.

About Orange

Orange is one of the world's leading telecommunications operators with sales of 40 billion euros in 2015 and 155,000 employees worldwide at 31 March 2016, including 96,000 employees in France. Present in 28 countries, the Group has a total customer base of 252 million customers worldwide at 31 March 2016, including 191 million mobile customers and 18 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan "Essentials2020" which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.

Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information on the internet and on your mobile: www.orange.com, www.orange-business.com, www.livetv.orange.com or to follow us on Twitter: @orangegrouppr. Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand

Press contacts: +33 1 44 44 93 93 Tom Wright, [email protected] Caroline Simeoni, [email protected]