The Limited Times

Now you can see non-English news...

Orange in search of financial recognition

2021-11-05T18:01:53.810Z


The operator is making part of its fixed and mobile networks subsidiaries in an attempt to enhance their value.


If I could, yes, I would take Orange off the stock market.

“The little phrase released by Stéphane Richard on the sidelines of a press conference on Friday morning says a lot about the weariness of the operator's boss in the face of a dying stock price.

While the CAC 40 has been stealing from records to records, the Orange share has been living in the area of ​​9.50 euros for many months.

A historic low, which dropped the valuation of the group to 25.35 billion euros.

Read also

Orange is betting big on its pylons

The phenomenon is not unique to the French.

All the major European operators are housed in the same boat,

"a real game of massacre"

, according to Stéphane Richard.

The only exception: Deutsche Telekom, more than two-thirds of whose revenues are generated in the United States.

Others have simply thrown in the towel: SFR and Free have left the rating, tired of the repeated cold showers inflicted by the financial markets.

To escape this infernal logic, and for lack of being able to say goodbye to the stock market, the management of Orange has

This article is for subscribers only.

You have 80% left to discover.

To cultivate your freedom is to cultivate your curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-11-05

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.