Deals
Orange Weighs Sale of 1 Billion-Euro Polish Fiber Stake
- Carrier could sell up to 50% of network run by Orange Polska
- Divestment would add to flurry of eastern European deals
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Orange SA is considering a sale of as much as 50% of its fiber-optic network in Poland, according to people familiar with the matter, potentially adding to a spate of deals in the country’s telecommunication sector this year.
The French company is working with advisers at Lazard Ltd. on the possible sale of an interest in the network, controlled by Warsaw-listed Orange Polska SA, the people said, asking not to be identified as the discussions are private. The stake could fetch around 1 billion euros ($1.1 billion), the people said.