Orange CFO Ramon Fernandez said the company is targeting annual revenue growth of around 5 per cent in Africa and the Middle East by 2018 and is looking for further opportunities to expand in the region.
Lebanon's telecommunications minister, Boutros Harb, targeted country-wide 4G deployment in two years as part of a new five-year plan for the telecoms market unveiled this week.
Nokia Networks, Alcatel-Lucent, Deutsche Telekom, Orange and Telefónica are among 13 telecom industry players that teamed up to develop a 5G mobile network architecture as part of the 5G Infrastructure Public Private Partnership (5GPPP) initiative.
Orange agreed new terms to end a brand-licensing agreement with Israeli mobile operator Partner Communications within two years, although the France-based operator insisted that it remained committed to Israel.
After more than three months of negotiation, Vivendi has completed its deal to buy online video provider DailyMotion from its parent company, Orange. Vivendi purchased an 80 percent stake in the company for $241.8 million (€217 million).
Bouygues Group rejected Altice's unsolicited offer for its telecoms unit, asserting that Bouygues Telecom is "well-positioned" to take advantage of future growth in the telecoms market and can revive profits on its own.
More than 3 billion people in low- and middle-income countries do not own mobile phones, and 1.7 billion of them are estimated to be women, according to the GSMA's 2015 report on Connected Women. However, efforts are underway to narrow the gender gap--but there's no silver bullet. Special report
Women are typically 14 per cent less likely to own a mobile phone than men, which translates into 200 million fewer women than men owning mobile phones, the GSMA added.
Altice tabled an offer to acquire Bouygues Telecom via its French unit Numericable-SFR in a proposal said to be valued at about €10 billion ($11.4 billion) to €11 billion, although the offer price has not yet been confirmed.
Alcatel-Lucent teamed with chip maker Sequans Communications to develop key technologies for an Internet of Things (IoT) prototype platform launched last week by Orange.