Orange(ORAN)- NYSE
  • Yesterday, 2:40 PM
    • Orange (ORAN -0.8%) has named Hugues Foulon head of the chairman and CEO's office for Orange Group.
    • He'll report directly to Orange CEO Stephane Richard in that role.
    • Previously he served as chief financial officer for Orange Middle East and Africa. He came to Orange in 2005 as finance director for consumer marketing, after previous roles with Veolia and Monaco Telecom.
    | Yesterday, 2:40 PM
  • Wed, Aug. 24, 5:37 PM
    • Orange (ORAN -1.4%) is denying reports that it's set a tie-up with Vivendi (OTCPK:VIVHY +0.2%) that would include taking stakes in Telecom Italia (TI -0.6%) and Canal Plus.
    • Chatter about such a deal has been rampant in the past several months, even as Vivendi firmed up its move into TI holdings. But: "Orange obviously discusses with all content players in a sector that is constantly evolving, but the group formally denies having reached any secret deal with Vivendi including Canal Plus and Telecom Italia," a spokesman told Reuters.
    • French magazine Challenges said Orange had reached a secret deal where it would buy up to 20% of Canal Plus, Vivendi's pay TV operation, and that it separately would get shares of TI that are currently owned by Vivendi.
    • After hours: TI +3.6%.
    | Wed, Aug. 24, 5:37 PM | 2 Comments
  • Tue, Jul. 26, 10:46 AM
    • Orange (NYSE:ORAN) is off 3.6% in U.S. trading as its earnings report showed slowing sales growth in a fierce wireless market.
    • Profits jumped in the company's first half, goosed by the January sale of its stake in UK operator EE to BT Group. That brought £3.44B in cash along with a BT stake.
    • While first-half revenues were up 2.7%, they were flat for the past three months. EBITDA was up 2.3% to €3.34B, in line with expectations.
    • Revenues in its French home market fell 1.1% to €9.38B (Mobile services, €3.59B; Mobile equipment sales, €326M; Fixed services, €5.18B; other, €277M) while gains in Spain provided some makeup (up 31% to €2.42B).
    • Press Release
    | Tue, Jul. 26, 10:46 AM
  • Tue, Jul. 26, 5:47 AM
    • Orange (NYSE:ORAN): 1H16 EPS of €0.31
    • Revenue of €20.08B (+2.7% Y/Y)
    • Press Release
    | Tue, Jul. 26, 5:47 AM
  • Wed, Jul. 20, 5:35 PM
    • AT&T (NYSE:T) and Orange (NYSE:ORAN) are working together to push software-defined networking and network function virtualization, two areas that will benefit increasing standardization in network deployment.
    • That will add flexibility and simplicity to network service provisioning (and reduce costs along the way) by pursuing open-source solutions.
    • The two said they would concentrate on equipment for customer premises, on streamlining onboarding for virtual network functions, and on making APIs that should ease interoperability of different SDN architectures.
    | Wed, Jul. 20, 5:35 PM | 2 Comments
  • Tue, Jul. 19, 8:19 PM
    • Orange (NYSE:ORAN) has wrapped an acquisition of Airtel in Sierra Leone, where Airtel is the top mobile carrier.
    • The French firm closed the deal along with Senegal-based partner Sonatel, and following an agreement with Bharti Airtel it reached in January.
    • Airtel has 1.3M customers and a mobile penetration rate of about 50% in Sierra Leone.
    | Tue, Jul. 19, 8:19 PM
  • Fri, Jun. 24, 9:22 AM
    • European names are pacing premarket losers in telecom after Great Britain's historic vote to leave the EU.
    • BT Group (NYSE:BT), the holder of longtime incumbent telecom British Telecommunications, is off 17.8% premarket, wiping more than $11B off its market value.
    • Other key players in Britain and Europe are sharply lower as well. Telefonica (NYSE:TEF) is down 16.8% premarket, easily set for its lowest price in 18 years.
    • French incumbent Orange (NYSE:ORAN) is 11.6% lower. Vodafone (NASDAQ:VOD), meanwhile, is down 8.6%.
    | Fri, Jun. 24, 9:22 AM | 2 Comments
  • Wed, Jun. 1, 10:08 AM
    • France is holding firm on a 23% stake in Orange (ORAN -0.4%), at least for now, says the head of the country's holding agency.
    • The comments follow those by Economy Minister Emmanuel Macron stating that France didn't intend to be a permanent shareholder of the telecom.
    • "The state currently doesn't have any plan to exit Orange," APE head Martin Vial said at a hearing today.
    • Macron had said that any divestment wasn't on the short-term agenda.
    | Wed, Jun. 1, 10:08 AM
  • Fri, May 27, 11:00 AM
    • Orange (ORAN -1.3%) is said to be talking informally with Millicom International Cellular (OTCPK:MIICF +3.5%) in order to buy still more African operations.
    • Orange -- which has been pouring money into African expansion -- is interested in Senegal, Ghana and Chad, Bloomberg says, as well as East Africa after it sold out of its Kenyan operation.
    • Millicom had previously agreed to sell its assets in Democratic Republic of Congo to Orange for $160M. It's looking to get out of West and Central Africa and focus on its eastern holdings. “The market clearly wants an exit from Africa for Millicom,” analyst Stefan Gauffin says.
    | Fri, May 27, 11:00 AM
  • Tue, May 17, 1:41 PM
    • Orange Business Services (ORAN +0.4%) is expanding its presence in Nigeria, extending sales operations there along with existing customer support.
    • Orange has been dedicated to expansion in Africa, and last year set a goal of a 20% increase in revenues from the region.
    • The unit is there to support Nigeria-based business as well as multinationals looking to expand in Africa. Orange's business-to-business services are also present across North and South Africa, with two of its five global customer service centers in Cairo and Mauritius.
    • Ideally, Orange hopes it can support IT decision makers with strategies to take advantage of opportunities in the market.
    • Now read Buy On Weakness? Analyzing Tech's 'Biggest Losers' Of Week 13 »
    | Tue, May 17, 1:41 PM
  • Fri, May 13, 1:20 PM
    • BT Group (NYSE:BT) and Orange (NYSE:ORAN) are rumored to consider selling off their enterprise businesses, inspired by some progress that Verizon is making in moving data centers, CTFN says.
    • Verizon was unsuccessful in selling its enterprise segment last year, but that morphed into a data center sale that still allowed for some refocus on the consumer market.
    • "Verizon's moving forward, and BT and Orange are envious," an executive tells CTFN.
    • Those businesses are large, though, and contain desirable contracts with upscale customers and government agencies. For now, BT chief Gavin Patterson says BT Global Services and BT Business are areas of expected growth. Those two segments generated a combined £9.9B in revenue last year, while Orange's Enterprise segment posted revenues of €6.3B for full 2014.
    • Now read Buy On Weakness? Analyzing Tech's 'Biggest Losers' Of Week 13 »
    | Fri, May 13, 1:20 PM
  • Tue, Apr. 26, 10:12 AM
    • Orange (NYSE:ORAN) is up 2.7% and knocking on the door of its 52-week high after posting Q1 earnings where a strong rebound in Spain meant a return to growth there, and the company's Africa/Middle East growth strategy continued to bear fruit.
    • Revenues eked out a gain overall, growing for the third straight quarter. Restated EBITDA was down 1.6% to €2.569B, but up 0.3% after excluding impact from an employee shareholding operation.
    • Sales growth resumed in Spain (to 1.8%) after nine straight quarters in decline, but revenues fell 0.7% in France (national roaming declined) and slipped 4.2% in Poland. Meanwhile, they grew 2.3% in Belgium and Luxembourg, 2.8% in Central Europe, and a solid 5.1% growth for mobile services in Africa/Middle East.
    • Mobile customers grew by 5.3M net additions to come to 191M (up 2.9% on comparable basis). Fixed broadband customers grew 2.9% to 17.8M, including 2.226M fiber subs. Digital TV had 8.2M customers (up 10.4% on comparable basis).
    • Press Release
    | Tue, Apr. 26, 10:12 AM | 1 Comment
  • Tue, Apr. 26, 5:03 AM
    • Orange (NYSE:ORAN): Q1 EBITDA of €2.569B
    • Revenue of €10B (+0.5% Y/Y)
    • Press Release
    | Tue, Apr. 26, 5:03 AM
  • Thu, Apr. 21, 3:54 PM
    • Orange's (ORAN -1.2%) African expansion continues apace, as it's wrapped its acquisition of Tigo, a mobile operator in the Democratic Republic fo the Congo.
    • Orange has taken over 100% of Tigo, which serves a population of more than 80M with a mobile penetration rate of just 50%.
    • Nearly one in 10 people in Africa are already Orange customers, as the French telecom runs operations throughout the continent. Orange is moving to take leadership roles in markets where it already has operations.
    • Now read Buy On Weakness? Analyzing Tech's 'Biggest Losers' Of Week 13 »
    | Thu, Apr. 21, 3:54 PM
  • Fri, Apr. 8, 10:36 AM
    • Orange (ORAN +1.2%) has appointed Elie Lobel as CEO of Orange Healthcare, now split off as a healthcare subsidiary.
    • Lobel was previously working in public service in France, serving as director of the National E-Health Projects Unit at ASIP Santé, the agency responsible for deploying e-health efforts.
    • The new unit is focusing on a variety of tactics to optimize healthcare practices, including secure transmission of medical info, cutting costs, improving patient monitoring, and risk management.
    • Now read Buy On Weakness? Analyzing Tech's 'Biggest Losers' Of Week 13 »
    | Fri, Apr. 8, 10:36 AM
  • Thu, Apr. 7, 11:50 AM
    • Investments in Africa by Orange (NYSE:ORAN) are continuing apace, as the French telecom has completed the acquisition of Liberia's leading operator Cellcom.
    • That makes the 20th country in the Africa/Middle East region in which Orange provides service. It's handling taking over 100% of Cellcom through its subsidiary Orange Côte d’Ivoire.
    • Cellcom has 1.4M customers in Liberia, but a low mobile penetration rate (about 66%) and a population of 4.3M, presenting some strong growth possibilities.
    • Now read Orange: Tackling Emerging Markets »
    | Thu, Apr. 7, 11:50 AM
Company Description
Orange SA engages in the provision of telecommunication services. The company was founded in 1999 and is headquartered in Paris, France.
Sector: Technology
Industry: Telecom Services - Foreign
Country: France