Report
Stephane Beyazian

Orange : What if Orange were to abandon the Spanish merger plan?

>437 days later and the European Commission remains difficult to manoeuvre - Orange-MasMovil has now been in discussions with the European Commission for 437 days (vs 316 days on average for M&A deals between mobile operators since 2012). According to reports in the press, the European Commission appears to have imposed, for the first time, two players to which Orange-MasMovil must concede remedies (Digi and Avatel) in order to maintain the competitive intensity. Dig...
Underlying
Orange SA

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

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