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As rumored, France Telecom (FTE) agrees to sell mobile-phone unit Orange Switzerland to P-E firm...

As rumored, France Telecom (FTE) agrees to sell mobile-phone unit Orange Switzerland to P-E firm Apax Partners, though the sale price of €1.6B ($2.1B) is somewhat lower than had been expected. Swiss officials needs to sign off on the deal.
Comments (3)
  • This stock will probably drop some Monday since they sold for less than expected. With a 10% dividend, even taking out foreign tax, it is a buy.
    25 Dec 2011, 01:35 PM Reply Like
  • I think I might pick some up as well.
    26 Dec 2011, 01:41 AM Reply Like
  • I am curious as to emerging market growth for FTE, especially in Africa.

     

    Still just curious though. I haven't owned FTE in 4 years.
    26 Dec 2011, 12:38 PM Reply Like
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