Moody's affirms Orange's Baa1 ratings; stable outlook
Rating Action: Moody's affirms Orange's Baa1 ratings; stable outlook. Global Credit Research- 18 Sep 2019. Madrid, September 18, 2019-- Moody's Investors Service has affirmed the Baa1 issuer rating, the Baa1 senior unsecured rating, the Baa1 senior unsecured MTN rating, Baa1 Senior Unsecured Shelf and the Baa3 junior subordinate rating of Orange, France's leading integrated telecommunications operator.Orange provides consumers, businesses and other telecommunications operators with a wide range of services including fixed telephony and mobile telecommunications, data transmission, Internet and multimedia, and other services. Co.'s portfolio comprises business lines (fixed-line, mobile, Internet), focusing on all customer segments (small and medium-sized businesses, multinationals), and personal and professional services for home, office, travel, and mobile. Co. manages eight operating segments: France, Poland, Spain, Rest of the Europe, Africa and Middle East, Other non-controlling equity interests, Enterprise Communication Services, and International Carriers and Shared Services.
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