Orange strengthens in Romania

Orange strengthens in Romania

Orange Group bolstered its position in Romania by signing a deal with the government to form a converged fixed-mobile operator. 

In a statement, Orange said the agreement was reached with the Romanian Ministry of Research, Innovation and Digitalization to merge Orange Romania SA (ORO) and Orange Romania Communications SA (OROC), ORO will absorb ORO into its operations. 

The deal follows Orange’s acquisition of a 54% stake in OROC, which was formerly Telekom Romania Communications, in September 2021. The new agreement will see Orange hold an 80% stake in the new operator and the government will take 20%. 

Orange claimed its Romanian unit is the leading operator in the country and has revenues of €1.2 billion in 2022. ORC was touted as one of the largest fixed players in Romania with reported revenues of €513 million in 2022. 

Mari-Noëlle Jégo-Laveissière, Executive Vice President, CEO of Orange in Europe, said: "Today is a very important day for Orange Romania and Orange Romania Communications, and the signing of this agreement will strengthen our position on the Romanian market and bring us closer to being a fully converged telecom operator for our residential and business customers.” 

Julien Ducarroz, CEO, Orange Romania , added:"We are really pleased to announce the conclusion of such a strategic agreement for Orange Romania, which marks a crucial moment in the company's history and confirms the confidence of the Ministry of Research, Innovation and Digitalization in our strategic ambitions, in project and in the team. Now, with united forces, we accelerate towards the fulfilment of the common goal: to be the first option for fixed-mobile services in Romania".

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