Orange may not yet be fully out of the woods, but the company remains confident that the race to the bottom in terms of pricing is coming to an end and is maintaining its EBITDA target for 2014.
France-based Altice said it is buying a 34.6 per cent stake in Numericable Group from Carlyle Cable Investments and Cinven, confirming plans that were originally announced on April 7 when Vivendi agreed to sell its French unit SFR to Altice.
Cisco plans to invest $30 million (€22 million) in a global innovation centre for the "Internet of Everything" (IoE) to be opened in Barcelona in summer 2016.
Orange has gotten regulatory clearance from the Autorite de Regulation des Communications Electroniques et des Postes (Arcep) and its independent Committee of Experts to implement VDSL2 over all of its existing copper lines that are connected to its remote terminal (RT) cabinets.
Orange CEO Stephane Richard said the operator is still prepared to take part in consolidating the French mobile market in order to reduce pricing competition, but called on the operator's rivals to take the lead because Orange does not want to take a driving role.
Orange and Bouygues Group signalled that further consolidation of the French telecoms market is receding into the distance, despite the best efforts of the French government to encourage domestic operators to merge.
Every event I go to and every conversation I have with operators tends to at some point touch on how operators are putting the customer first and how customer experience is at the forefront of everything they do. But time and time again, this still fails to be reflected in how they treat their customers when it comes down to the personal contact level.
Zayo continues to capitalize on its growing presence in Europe by completing a network upgrade that will enable it to provide 100G wavelength services over its long-haul network.
Orange has topped the French telecoms regulator's review of network quality in an annual evaluation of mobile operator services, while enfant terrible Free Mobile lagged behind in fourth place.
Altice and Vivendi said they have signed the definitive agreement on the merger of their respective French units Numericable and SFR, dashing any last lingering hopes that opponents to the deal might have had that the planned union would fail at the final hurdle.