Entering text into the input field will update the search result below

Orange (ORAN -0.1%) is thinking of selling its Dominican Republic mobile unit and is set to hire...

Jul. 16, 2013 1:57 PM ETOrange S.A. (ORAN) StockORAN, AMXBy: Eric Jhonsa, SA News Editor
Orange (ORAN -0.1%) is thinking of selling its Dominican Republic mobile unit and is set to hire a bank to advise it on a deal, several sources tell Reuters. MorningStar's Allan Nichols thinks a sale could yield €675M-€900M ($880M-$1.18B) for Orange, which (like some other European telcos) is trying to exit non-core markets and pare its giant debt load (currently stands at $51.3B). Orange is estimated to have 38.4% of the Dominican mobile market, and America Movil (NYSE:AMX) 51.2%.

Recommended For You

More Trending News

About ORAN Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
ORAN--
Orange S.A.