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French telecoms group Orange is right to temporarily close its site in Marseille to protect staff from problems related to drug gangs in the area, the country's employment minister said on Friday, calling for a bigger police presence.
French telecoms group Orange said on Friday it had reached a non-binding agreement to buy the 50% stake it does not already own in its Spanish unit MasOrange for 4.25 billion euros ($4.96 billion) in cash.
Orange S.A. (OTC:ORANY) Q3 2025 Earnings Call October 23, 2025 3:00 AM EDT Company Participants Christel Heydemann - CEO & Executive Director Laurent Martinez - GExecutive Vice President of Finance, Performance & Development Jerome Henique - Executive VP, CEO of Orange France & Director of Orange Middle East and Africa Conference Call Participants Akhil Dattani - JPMorgan Chase & Co, Research Division Andrew Lee - Goldman Sachs Group, Inc., Research Division Joshua Mills - BNP Paribas Exane, Research Division Roshan Ranjit - Deutsche Bank AG, Research Division Mathieu Robilliard - Barclays Bank PLC, Research Division Nicholas Lyall - Joh.
Press release Paris, 15 October 2025 Bouygues Telecom, Free-iliad Group and Orange joint statement following the rejection of their acquisition bid by Altice France Bouygues Telecom, Free-iliad Group and Orange have taken note of the Altice group's decision to reject their joint non-binding offer submitted on the evening of 14 October to acquire a large part of Altice France's telecoms activities. The three operators remain convinced of the relevance of their bid and of the value of the project they are pursuing for the market and all its stakeholders, customers, employees, creditors and shareholders.
Orange S.A. (OTC:ORANY) Altice's - M&A Call October 15, 2025 2:15 AM EDT Company Participants Olivier Roussat - Group Chief Executive Officer Christian Lecoq - Chief Financial Officer Stéphane Stoll - Senior VP, CFO Pascal Grangé - Deputy CEO Conference Call Participants Mathieu Robilliard - Barclays Bank PLC, Research Division Eric Ravary - CIC Market Solutions, Inc. Stéphane Beyazian - ODDO BHF Corporate & Markets, Research Division Joshua Mills - BNP Paribas Exane, Research Division Rohit Modi - Citigroup Inc., Research Division Akhil Dattani - JPMorgan Chase & Co, Research Division Carlos Caburrasi - Kepler Cheuvreux, Research Division Andrew Lee - Goldman Sachs Group, Inc., Research Division David Wright - BofA Securities, Research Division Jean-Yves Guibert - BlueBay Asset Management LLP Presentation Operator Good morning, ladies and gentlemen.
Bouygues Telecom, Free-iliad Group and Orange have submitted a joint non-binding offer to acquire a large part of Altice's telecommunications business in France.
Bouygues Telecom , Free-iliad Group and Orange said on Tuesday they had submitted a non-binding offer to acquire a large part of Altice's activities in France for a total enterprise value of 17 billion euros.
Press release Paris, 14 October 2025 Bouygues Telecom, Free-iliad Group and Orange submit a joint non-binding offer to acquire a large part of Altice's activities in France Bouygues Telecom, Free-iliad Group and Orange announce they have submitted a non-binding offer to acquire a large part of the telecommunications activities of the Altice group in France. While ensuring continuity of service for SFR customers and in a mature market, the deal would make it possible to: step up investments in superfast network resilience, in cyber security and in new technologies such as artificial intelligence; consolidate control over strategic infrastructure in France; and maintain a competitive ecosystem for the benefit of consumers.
Orange, a French telecommunications giant and one of the largest phone providers in the world, announced on Monday that it was the victim of an unspecified cyberattack.
Orange remains a Buy despite a 55% YTD rally, with further upside from rate cuts and potentially a new strategic plan announcement soon. The recent MásMóvil merger in Spain is immediately accretive, boosting cash flow and positioning Orange as a market leader in a key country. Low margins and high CAPEX are risks, but strong dividend yield, active debt reduction, and expansion opportunities support the investment case.
Despite past underperformance, Orange S.A.'s strong momentum in convergence (bundled services) across Europe and explosive growth in Africa and the Middle East justify a rating upgrade. Ongoing challenges in enterprise services and fixed-line operations present downside risk, especially with projected losses into 2025. However, these are balanced by growth segments and the company's defensive positioning. A new DCF-based price target of $17.60 for ORANY stock suggests a 24% upside from current pricing, backed by stabilized profitability and a reliable dividend.
Orange S.A. has outperformed the S&P 500 by over 30%, driven by strong FY24 results and a strategic focus on growth markets like Africa. The company's FCF increased by €1.4B over two years, with a solid performance in France and a low net debt to EBITDAaL ratio below 1.9x. Orange's investments in AI and cyber defense, along with a BBB+ rating and a 6+% yield, position it for continued growth.
Orange S.A. remains a "BUY" due to its strong operational performance, undervaluation, and significant growth potential in key markets like Africa and the Middle East. Despite market skepticism, ORANY's fundamentals, including a 7.1% yield and low payout ratio, make it a compelling investment with a potential 24% annualized return. The company's diversified revenue streams and strategic investments in growth markets ensure resilience and sustained performance, even amid market fluctuations.
Orange S.A. (OTCPK:FNCTF) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Christel Heydemann - Chief Executive Officer Laurent Martinez - Chief Financial Officer Jean-François - Chief Executive Officer, Orange France Mari-Noëlle - Chief Executive Officer, Orange Europe Conference Call Participants Andrew Lee - Goldman Sachs Nicolas Cote-Colisson - HSBC Jakob Bluestone - BNP Paribas Exane Akhil Dattani - JPMorgan Titus Krahn - Bank of America Stephane Beyazian - ODDO Mathieu Robilliard - Barclays Roshan Ranjit - Deutsche Bank Operator Good morning, ladies and gentlemen, and welcome to Orange's Q3 2024 Conference Call.