Orange CEO says acquisitions in Spain possible in 2014
Orange, the listed French telecommunications company, is looking to finalise acquisitions in Spain this year, Expansion reported, citing the group’s Chief Executive Stephane Richard.
The executive described the Spanish telecoms market as “overly fragmented”.
Richard made special reference to Ono and Jazztel, which, he said, could be involved in industry consolidation. As reported, the UK telco Vodafone is also understood to be interested in Ono, the Spanish-language item said.
The deals will be finalized depending on price, financial capacity and how willing the potential buyers are, Richard said.
Source Expansion