Orange (ORAN) - NYSE
  • 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
  • Fri, Apr. 1, 5:39 PM
    • Top gainers, as of 5.25 p.m.: ORAN +5.4%. HEP +2.7%. ACAD +2.5%. TLLP +1.9%. NGL +1.4%.
    • Top losers, as of 5.25p.m.: HMY -5.7%. CFX -4.9%. CPLP -3.6%. GLP -3.4%. STM -3.1%.
    | Fri, Apr. 1, 5:39 PM | 12 Comments
  • Fri, Apr. 1, 1:46 PM
    • Orange (NYSE:ORAN) is confirming that it's ended talks with Bouygues Telecom (OTCPK:BOUYY) that would have created France's biggest telecoms group.
    • Orange shares have slid in U.S. trading, down 4.2%. In Paris, Bouygues is down 2%.
    • "After in-depth discussions, the board of directors of Orange has concluded that an agreement regarding a possible consolidation with Bouygues Telecom has not been reached," Orange said.
    • Bouygues today was sounding a similar note of defeat, saying its board was unanimous about ending talks: "In a market where the possibility of consolidation is now ruled out for the long term, Bouygues Telecom will continue its standalone strategy."
    • The companies had set a March 31 deadline that they ended up delaying to continue talks, as their boards met separately. The deal, which would have reduced France's market to three carriers, faced numerous regulatory and divestiture challenges.
    • Now read Orange: Tackling Emerging Markets »
    | Fri, Apr. 1, 1:46 PM
  • Thu, Mar. 31, 5:14 AM
    • After months of talks that would transform France's telecoms sector, Bouygues (OTCPK:BOUYY) has delayed a €10B decision on whether to sell its telecom business to Orange (NYSE:ORAN), saying that talks "had not progressed sufficiently."
    • The Paris-based conglomerate has now set a weekend deadline to make "a final decision" about the merger plan, which would cut the number of French mobile operators from four to three.
    • Previously: Orange, Bouygues boards meet about €10B buyout (Mar. 30 2016)
    | Thu, Mar. 31, 5:14 AM
  • Wed, Mar. 30, 10:53 AM
    | Wed, Mar. 30, 10:53 AM
  • Fri, Mar. 18, 6:21 AM
    • French billionaire Patrick Drahi is set to pay as much as €4B, as part of a transaction that would carve up Bouygues' (OTCPK:BOUYY) telecom unit and reshape France's telecom sector, WSJ reports.
    • Under the framework of a possible deal, Orange (NYSE:ORAN) would buy Bouygues Telecom for €10B in shares and cash, and then sell a large part of its fixed-line and mobile customers to Numericable-SFR (OTCPK:NUMCF).
    • Following the move, Iliad (OTCPK:ILIAY) would pay a little more than €2B to acquire Bouygues Telecom’s spectrum, network and shops.
    | Fri, Mar. 18, 6:21 AM
  • Fri, Mar. 11, 7:34 PM
    | Fri, Mar. 11, 7:34 PM
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