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Free owner Niel to buy Orange Switzerland for CHF 2.8 bln
2014-12-18 13:01:00| Telecompaper Headlines
(Telecompaper) The private equity funds Apax Partners announced an agreement to sell Orange Switzerland to NJJ Capital for CHF 2.8 billion (EUR 2.3 billion). NJJ Capital is the holding company of Xavier Niel, the founder and controlling shareholder of French operator Free. The transaction is subject to customary regulatory approval and is expected to be completed by the end of Q1 2015. Apax said it expects to generate a strong return on the investment, acquired in 2012 from French group Orange. Over the last three years, it has successfully modernised the mobile operator's IT systems, launched 4G commercial services, now reaching over 90 per cent of the Swiss population, and expanded the retail network with eight store openings this year, including a flagship store in Zurich.
Niel buys Orange Switzerland for 2.3bn
2014-12-18 01:00:00| Total Telecom industry news
Control of Swiss mobile operator to pass to NJJ Capital after three years under Apax.
Tags: orange
switzerland
buys
niel
EE to end Orange Wednesday deal
2014-12-11 20:23:29| BBC News | Business | UK Edition
The mobile company EE is to end its Orange Wednesday cinema deal after 10 years as take up of the offer declines.
Tags: end
wednesday
deal
orange
Orange still expects to complete Jazztel acquisition on schedule
2014-12-05 01:00:00| Total Telecom industry news
European Commission confirms in-depth probe into merger's potential impact on Spanish telco market.
Tags: complete
schedule
orange
acquisition
The Orange Chef Co. Prep Pad
2014-12-04 20:02:38| PC Magazine: New Product Reviews
The Orange Chef Co. Prep Pad is a smart food scale that does a nice job visualizing how you eat, but it's not as easy to use as it should be.
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