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Orange Said to Work With Advisers Exploring Europe Expansion

  • French carrier seeks growth beyond competitive home market
  • Tie-up with Telecom Italia among several potential options
Updated on

Orange SA is working with advisers to explore options for an expansion in Europe, including a potential combination with Telecom Italia SpA, people familiar with the matter said.

A tie-up with Italy’s largest phone company is among several possibilities the French carrier is considering, said the people, asking not to be identified because the plan isn’t public. The deliberations are in early stages and Orange may decide against making any major strategic moves, the people said.