France Telecom Evaluating Its Activities in Austria

CompaniesTelecoms ♦ Published: May 25, 2011; 10:55 ♦ (Vindobona)

The future of Orange Austria could be decided before October. The cooperation in networks might have been the first step towards a merger with T-Mobile Austria.

France Telecom Evaluating Its Activities in Austria / Picture: © Vindobona.org

France Telecom is currently evaluating its foreign participations. As announced by the group’s CEO Stéphane Richard, especially the minority holdings of the cell phone division Orange are under close scrutiny. These include the subsidiaries in Austria, Portugal and Belgium.

Since the acquisition of One in the year 2007, France Telecom has owned 35% of the shares in Orange…