Deals
Orange CEO Interested in Combination With Telecom Italia
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Orange SA Chief Executive Officer Stephane Richard said France’s largest phone company is interested in a potential combination with Telecom Italia SpA.
A deal with Telecom Italia could be “a great opportunity for European consolidation,” Richard said in an article published by Journal du Dimanche on Sunday. There were exchanges of views between the companies while no negotiations are underway, he said. An Orange representative in Paris confirmed the remarks, while a Telecom Italia spokesman said there are neither talks nor an “exchange of views.”