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Sunday, November 24, 2013

The European telecom operators have to invest in infrastructure

Sometimes you have to make sacrifices for the good cause . Orange is expected to announce in the coming days the sale of its subsidiary Dominican " significantly exceed one billion euros ," said Friday, Nov. 22 Stéphane Richard , CEO of the French operator , at a conference in Barcelona . It was the only active Orange overseas. Yesterday, Deutsche Telekom had confirmed the sale of 70% of Scout 24 , its classified ads portal Internet , 1.5 billion euros in U.S. fund Hellman & Friedman.

Like many other European operators , Orange and his German counterpart are looking for money to finance the improvement of their networks.

This is the strategy of the British Vodafone that grows there . The second largest phone operator has since early September a huge pot of $ 130 billion (€ 96 billion ) from the sale of its stake in the company he co- owned with U.S. Verizon Mobile USA . Vodafone wants to enjoy this position of strength to asphyxiate its larger European competitors - Telefonica, Orange and Deutsche Telekom.

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