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Orange faces challenges as its bank opens for business

2017-11-02 01:00:00| Total Telecom industry news

Orange on Thursday opened its long-awaited Orange Bank in France, but the hard work is just beginning for the telco, according to finance experts. "Being a bank is actually tough," said Arnaud Burger, managing director, global co-head of TMT finance at Societe Generale, earlier this week. Telecoms operators have launched successful mobile banking services in emerging markets, with Orange itself having a strong financial services offering in Africa, but that "doesn't mean it's going to work in Western Europe…read more on TotalTele.com »

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