Orange reportedly looking to enter Canadian mobile market

|About: Orange (ORAN)|By:, SA News Editor

The Globe and Mail reports French mobile giant Orange (ORAN) is looking to enter the Canadian market, and has held "exploratory talks" with national regulators. However, Orange is said to be aiming for a low-cost entry, possibly by launching as an MVNO relying on an incumbent's network/spectrum.

Orange's arrival would represent new competition for BCE, Rogers, and Telus (TU), who collectively breathed a sign of relief when Verizon decided not to enter Canada following the Vodafone deal. The Canadian government has been interested in strengthening mobile competition, following the failure of smaller/regional carriers to challenge Canada's big-3.

Orange launched its Horizons subsidiary in January to find "new businesses opportunities" in untapped markets. In July, Horizons announced it has established a presence of some kind in Germany, Italy, Holland, South Africa, Sweden, Denmark, and Portugal.