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Orange SA (ORAN.PA)

ORAN.PA on Paris Stock Exchange

13.27EUR
13 Dec 2019
Change (% chg)

€-0.10 (-0.78%)
Prev Close
€13.38
Open
€13.48
Day's High
€13.50
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€13.26
Volume
9,279,686
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6,904,477
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€15.38
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€13.08

Latest Key Developments (Source: Significant Developments)

Euskaltel Renews Its Wholesale Agreements With Orange
Friday, 13 Dec 2019 

Dec 13 (Reuters) - Euskaltel SA ::SAYS HAS RENEWED ITS WHOLESALE AGREEMENTS WITH ORANGE, WHICH INCLUDE BETTER TERMS AND LONGER AGREEMENTS THAN BEFORE.IN TERMS OF FIXED NETWORK SERVICES, DEAL REDUCES PREVIOUS COSTS AND HOLDS OPEN POSSIBILITY OF JOINT INVESTMENTS WITH ORANGE IN FUTURE.SAYS NEW AGREEMENT WILL BE IN FORCE UNTIL JUNE 2024.SAYS AGREEMENT MEANS SIGNIFICANT SAVINGS FOR THE GROUP.IMPROVED VOLUME-BASED DISCOUNTS WILL BRING GROUP SAVINGS IN MOBILE AND FIXED LINE NETWORKS USING STREAMLINED FINANCIAL MODELS.  Full Article

Orange Polska Signs Social Agreement With Trade Unions For 2020-2021
Thursday, 12 Dec 2019 

Dec 12 (Reuters) - Orange Polska SA ::SIGNS SOCIAL AGREEMENT WITH TRADE UNIONS FOR 2020-2021 UNDER WHICH UP TO 2,100 EMPLOYEES WILL BE ELIGIBLE FOR VOLUNTARY REDUNDANCY.UNDER AGREEMENT THE LIMIT OF VOLUNTARY REDUNDANCIES FOR CO IN 2020 IS 1,250.  Full Article

Orange Signs 700-Million Euro Loan With The EIB
Friday, 6 Dec 2019 

Dec 6 (Reuters) - Orange SA ::EIB SUPPORTS ORANGE'S NETWORK DEPLOYMENT IN AMII AREAS WITH A 700-MILLION EURO LOAN.A FIRST DRAWDOWN OF 350 MILLION EUROS TOOK PLACE TODAY; THE REMAINING PART OF THE LOAN WILL BE MADE AVAILABLE DURING THE FIRST QUARTER OF 2020.LOAN WILL ADDRESS ALL INVESTMENTS MADE IN FRANCE WITHIN THIS ZONE AND WILL HELP FINANCE COMPLETION OF DEPLOYMENT OF ORANGE'S NETWORKS IN AMII AREAS.  Full Article

Orange sees 5G spectrum sale between 2.5 and 3 billion euros
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Orange SA Chief Executive Stephane Richard to reporters::SEES TOTAL PRICE FOR FRANCE’S 5G SPECTRUM SALE BETWEEN 2.5 AND 3 BILLION EUROS.FRENCH GOVERNMENT SAID LAST MONTH 5G SPECTRUM WILL BE SOLD AT A FLOOR PRICE OF 2.17 BILLION EUROS.SAYS GROUP IS “TECHNICALLY READY” FOR A POTENTIAL IPO OF ITS AFRICA AND MIDDLE EAST OPERATIONS.SAYS THERE IS NO IMMEDIATE PLAN TO TRIGGER THE IPO.ORANGE CEO SAYS AN EXPANSION TO ETHIOPIA COULD BE A CATALYST FOR THE IPO.  Full Article

Orange's dividend could go up depending on future cash flow - CEO
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Orange SA ::ORANGE CFO RAMON FERNANDEZ SAYS THERE IS 'ABSOLUTELY NO CHANGE' TO GROUP'S M&A POLICY FROM WHAT SAID IN 2017.ON ITS 2017 INVESTOR DAY, ORANGE SAID IT WAS OPEN TO IN-MARKET CONSOLIDATION BUT ADDED CONDITIONS WERE NOT YET RIGHT FOR ANY LARGE PAN-EUROPEAN M&A TRANSACTION .ORANGE CEO STEPHANE RICHARD SAYS DIVIDEND COULD GO UP DEPENDING ON FUTURE OPERATING CASH FLOW GENERATION.  Full Article

Cellnex Reaches Deal To Buy 1,500 Towers From Orange Spain For 260 Mln Euros
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Cellnex Telecom SA ::BUYS 1,500 TOWERS FROM ORANGE SPAIN FOR ENTERPRISE VALUE OF 260 MILLION EUROS.ORANGE SPAIN WILL BE MAIN CUSTOMER OF THIS PORTFOLIO OF TELECOM SITES.ORANGE SPAIN HAS SIGNED AN INFLATION-LINKED MASTER LEASE AGREEMENT FOR AN INITIAL PERIOD OF 10 YEARS THAT CAN BE EXTENDED BY ONE SUBSEQUENT PERIOD OF 10 YEARS AND SUBSEQUENT 1-YEAR PERIODS.THE OPERATION IS EXPECTED TO BE FINANCED WITH CASH AVAILABLE TO THE COMPANY.  Full Article

Orange Presents Its New Strategic Plan Looking Forward To 2025
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Orange SA ::GROWTH OF EBITDAAL BETWEEN 2% AND 3% PER YEAR ON AVERAGE FOR THE 2021-2023 PERIOD.IS PRESENTING ENGAGE2025, ITS NEW STRATEGIC PLAN LOOKING FORWARD TO 2025.INCREASING ORGANIC CASH FLOW FOR TELECOMS ACTIVITIES BETWEEN 2020 AND 2023 WITH A TARGET OF BETWEEN 3.5 AND 4 BILLION EUROS IN 2023 (VERSUS. OVER 2 BILLION EUROS IN 2019).ORANGE WILL BE ABLE TO OFFER FTTH TO MORE THAN 65 MILLION HOUSEHOLDS IN EUROPE BY 2023.A NET DEBT/EBITDAAL RATIO FOR TELECOMS ACTIVITIES OF AROUND 2X IN THE MEDIUM TERM.ANNOUNCES THE DISPOSAL OF 1,500 NON-STRATEGIC SITES IN SPAIN TO CELLNEX FOR 260 MILLION EUROS.IN AFRICA & THE MIDDLE EAST OBJECTIVE IS TO HAVE A COMPOUND ANNUAL GROWTH RATE (CAGR) IN REVENUES FOR THE 2020-2023 PERIOD OF AROUND 5% FOR THE REGION.IN AFRICA & THE MIDDLE EAST ORANGE MONEY WILL REACH ABOUT 900 MILLION EUROS IN REVENUE IN 2023.ORANGE BANK AFRICA WILL REACH NEARLY 10 MILLION CUSTOMERS BY 2023 WITH NET BANKING INCOME OF ABOUT 100 MILLION EUROS.THE ORGANIC CASH FLOW FROM TELECOMS ACTIVITIES WILL GROW FROM A BASE OF MORE THAN 2 BILLION EUROS IN 2019 AND 2020 TO A TARGET OF BETWEEN 3.5 AND 4 BILLION EUROS BY 2023.AIMS TO ACHIEVE, BY 2023, NET SAVINGS OF ONE BILLION EUROS FROM WITHIN A DEFINED PERIMETER OF INDIRECT COSTS FROM TELECOMS ACTIVITIES AT THE END OF 2019 OF 14 BILLION EUROS.ORANGE BANK WILL BREAK EVEN IN EUROPE TOWARDS THE END OF 2023, WITH NEARLY 5 MILLION CUSTOMERS AND AROUND 400 MILLION EUROS IN NET BANKING INCOME.  Full Article

Orange not discussing tie-up with Deutsche Telekpm
Wednesday, 27 Nov 2019 

Nov 27 (Reuters) - Orange SA ::ORANGE SPOKESMAN ON REPORT ABOUT POSSIBLE TIE-UP WITH GERMANY'S DEUTSCHE TELEKOM, SAYS NO SUCH DISCUSSIONS ON THE MATTER ARE BEING HELD. nL8N2873UP.  Full Article

Orange Partners With ThousandEyes To Deliver Interner Services
Tuesday, 19 Nov 2019 

Nov 19 (Reuters) - ORANGE SA ::ORANGE HAS PARTNERED WITH US-BASED THOUSANDEYES, THE INTERNET AND CLOUD INTELLIGENCE COMPANY, TO DELIVER REAL TIME, END-TO-END VISIBILITY ON BOTH ITS ENTERPRISE NETWORKS AND THE OPEN TRANSIT INTERNET (OTI)..ORANGE BUSINESS SERVICES, GLOBAL ENTERPRISE DIVISION OF ORANGE GROUP, INTENDS TO PROVIDE ITS CUSTOMERS WITH ENTERPRISE-GRADE MANAGED INTERNET, MULTI-CLOUD CONNECTIVITY AND SD-WAN VISIBILITY SERVICES.  Full Article

Bouygues: Competition Remains High In French Telecoms Market But Less Intense Than In 2018 - deputy CEO
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - Bouygues SA ::BOUYGUES DEPUTY CEO PHILIPPE MARIEN SAYS COMPETITION ON PRICES REMAINS HIGH IN FRENCH TELECOMS MARKET BUT LESS INTENSE THAN IN 2018.  Full Article

PRESS DIGEST-Financial Times - Nov 15

Nov 15 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.