Orange buys out MasOrange minorities to strengthen Spanish unit
Orange is moving to full control of MasOrange through a negotiated buyout of minority interests, at a valuation slightly below recent expectations. The deal reshapes its Spanish exposure, clarifies consolidation, and underpins medium-term dividend growth prospects.
Published on 11/03/2025
at 08:55 am GMT - Modified on 11/03/2025
at 08:32 am GMT
Orange is the French leader of telecommunications company. Net sales (including intragroup) break down by activity as follows:
- telecommunication services for individuals (76.9%): mobile telephone services (253 million clients at the end of 2024; Orange brand name in France, the United Kingdom and Caribbean, FTP Espana in Spain and PTK Centertel in Poland), fixed telephone services and Internet access (38.3 million clients). The group also offers services for telecommunication operators. Net sales break down by country between France (54.6%), Europe (21.8%), Africa and Middle East (23.6%);
- telecommunication services to businesses (18.4%): Internet access services, mobile telephone, voice and data transmission services and integration and information management for communication applications;
- telecommunication services to international telecommunication operators (3%);
- other (1.7%).
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Investor
Investor
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Global
Global
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