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Electronics manufacturer Lacroix taps Orange and Ericsson for French 5G factory
2020-11-11 01:00:00| Total Telecom industry news
Industry 4.0 has long been touted as one of the main drivers of 5G deployment. The new technology, with its incredibly low latency and high capacity, is set to open the door for numerous industrial applications, utilising smart sensors, AI, machine learning, and more to revolutionise manufacturing. However, with 5G still very much in its infancy and with limited deployment worldwide…read more on TotalTele.com »
Tags: electronics
french
orange
manufacturer
Orange acquires majority stake in Telekom Romania's fixed unit
2020-11-09 10:14:00| Telecompaper Headlines
(Telecompaper) Orange Romania said it signed the agreement for the acquisition of a majority stake in Telekom Romania's fixed division from Greece' OTE. The transaction includes the 54 percent stake held by OTE and the subscribers of the fixed-mobile converged services. The remaining 46 percent is held by the Romanian state.
Tags: unit
fixed
orange
majority
Orange Romania to acquire 54% controlling stake in Telekom Romania
2020-11-09 08:40:31| Digital TV News
Orange Romania has announced that it signed a deal to acquire a controlling 54% stake in Telekom Romania Communications (TKR). Orange will pay a total of 268m, on a debt-free, cash-free basis and subject to customary adjustments at closing.
Tags: orange
romania
controlling
acquire
Orange Romania to gobble up rival Telekom Romania for 268 million
2020-11-09 01:00:00| Total Telecom industry news
Orange Romania has today announced that it has signed a deal to acquire rival operator Telekom Romania for €268 million. Orange will acquire the controlling 54% stake in the company from Greek company OTE, which is itself majority owned by Deutsche Telekom. The remaining 46% stake is owned by the Romanian government…read more on TotalTele.com »
Tags: million
orange
romania
telekom
Orange restores dividend as fibre expansion supports Q3 sales growth
2020-10-29 09:45:00| Telecompaper Headlines
(Telecompaper) Orange has confirmed a stable dividend for 2020, after reporting a return to sales growth in the third quarter. Growth in convergent offers and wholesale fibre in France and continued expansion in Africa and the Middle East supported the higher sales in Q3, offsetting the impact of the Covid-19 crisis, which hurt roaming and handset sales. Orange still expects a small drop in EBITDA this year, but a delay in capex means cash flow will be unaffected, supporting its dividend plans.
Tags: sales
growth
orange
supports
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