Orange focusing on Spain and Romania



 Powered by Max Banner Ads 

Orange is looking to Spain as its main market for acquisition targets, while making further forays into the US as part of its Horizons initiative to diversify into new business areas. Speaking to Reuters at a conference, Orange CEO Stephane Richard said Belgium, Poland and Romania were other markets where the group might look to make acquisitions, but Spain is the country on which it will focus most of its attention, Mediafax informs. The website will be managed by starMedia, Orange’s South American online subsidiary, which provides Spanish language news and entertainment. An online store in Mexico is also being launched, according to the reports. Also, Orange is reportedly stepping up its presence in the US this week with an e-commerce website through which it will sell smartphones, tablets and other gadgets, such as smart watches and smart bands. According to The Wall Street Journal, it will also sell SIM cards that work on its French network, which tourists can use when holidaying in its home market without being subject to roaming charges. Orange Romania’s revenues were up 4.9 percent in the first quarter of the year, to EUR 230 million, on a comparable basis, the company announced. End-March 2014, Orange has 10.3 million clients in Romania, measured as active SIMs, up from 10.2 million at the end of 2013.

Leave a Reply