BUSINESS

France Telecom doesn’t intend to sell Orange Romania

France Telecom’s press representative, Tom Wright told Romanialibera.ro, that, at the moment, the group had no intention to sell the assets of Orange Romania. The latter added that, as regards the mergers & acquisitions policy, France Telecom was conducting an analysis on all the companies it owns. “As Stephane Richard, the CEO of France Telecom-Orange, explained, the group is conducting research at the level of all companies it owns on the global market, to enhance its effectiveness and to bring a value surplus in every individual country,” Wright stated.

To bring a value surplus, the France Telecom official explained that the group may decide to reduce its share in a certain company, where possible, or to build new partnerships, as the one signed with T-Mobile in the United Kingdom. “If we find it does not offer us the needed potential, we may decide to renounce the company,” the spokesman added.

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