Orange-Sale to Chinese Hutchinson Uncertain

Business › n.a. ♦ Published: December 12, 2011; 19:41 ♦ (Vindobona)

The sale of the Austrian subsidiary of France Télécom is not fixed yet. Negotiations already run for four months.

Orange-Sale to Chinese Hutchinson Uncertain / Picture: © Vindobona.org

Against the previous plan, the sale of Orange, the Austrian subsidiary of France Telécom, is not resolved. France Télécom may keep Orange too, CEO Stéphane Richard suggested.

Initially, the third-largest telecommunication supplier Orange Austria should be acquired by the Chinese group Hutchinson Whampoa. Hutchinson has entered the market in Austria in 2003, when the trade…

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