Orange has reiterated its acquisition strategy, ruling out any “transformational” deals as part of the new five-year industrial project announced today by new CEO Stephane Richard.
The company expects emerging markets sales to double over the next five…
Orange has reiterated its acquisition strategy, ruling out any “transformational” deals as part of the new five-year industrial project announced today by new CEO Stephane Richard.
The company expects emerging markets sales to double over the next five years, with plans to increase its entire subscriber base from 200 million to 300 million by 2015.
Under the ‘conquests 2015’ project, Orange will invest E2bn by 2015 to deploy a fibre optic network, targeting coverage for 40% of households through coverage in every region of France by 2012 and in every department by 2015. The company said it would also invest in the monetisation of mobile data traffic as well as in the deployment of green networks such as the Oryx programme of solar-powered mobile masts in Africa.
The group will also concentrate its effort on gaining customers and improving employees’ working conditions.
