|Bid||14.50 x 1000|
|Ask||0.00 x 2200|
|Day's Range||16.10 - 16.21|
|52 Week Range||15.67 - 18.57|
|PE Ratio (TTM)||18.40|
|Forward Dividend & Yield||0.95 (5.99%)|
|1y Target Est||21.67|
LONDON—The same type of blind auction used to pick players in fantasy football leagues could decide the fate of Sky PLC, a media company that employs 30,000 people and has a stock-market value of $36 billion. Comcast Corp. on Saturday is slated to bid against a team of Walt Disney Co. and 21st Century Fox Inc. in a day-long auction here that—if it goes down to the wire—will culminate in the two sides submitting secret bids to a British regulator. A winner will be disclosed later in the day. From AT&T and Time Warner to the hot pursuit of 21st Century Fox and Sky, media mergers are in full swing.
Following the acquisition of Basefarm in August and increasing its cloud revenues by 18% in the 1st half of 2018, Orange Business Services is pressing ahead with its growth strategy for the cloud computing market. On average, enterprises rely on five different cloud providers, 81% of which operate in a multi-cloud environment1. To support these companies manage this diversity, Orange Business Services has chosen to be agnostic in its choice of cloud technologies.
The merger music is playing again in France’s telecom industry, two years after the last failed takeover attempt. Consolidation returned as a hot topic when Bloomberg reported in April that Bouygues SA was considering teaming up with investment firms to bid for Patrick Drahi’s struggling French business, Altice Europe NV’s SFR. Bouygues has since confirmed an approach, without naming the target.
The majority shareholder of Iliad SA helped create much of the turmoil in the French mobile phone market by undercutting the prices charged by incumbents Orange SA, Bouygues SA and Altice Europe NV’s SFR. Now the tables have turned, and those rivals are beating Iliad with their own low-cost offerings. The upshot is that Iliad’s mobile and broadband subscriber numbers both fell in the first half.
Simmons & Simmons, an international legal practice based in the UK, has leveraged a private cloud solution from Orange Business Services for greater business flexibility and improved resilience for vital customer data. The law firm introduced the Orange private cloud solution as part of a move toward an IT-as-a-service model to benefit its customers. It evolved to now include an Orange managed backup solution using the Veeam platform, which provides a unified backup system and data replication for mission-critical applications and disaster recovery globally.
In this article, I will take a look at Orange SA’s (EPA:ORA) most recent earnings update (30 June 2018) and compare these latest figures against its performance over the pastRead More...
A recent report by Research and Markets shows that the 5G market in Europe is expected to grow at an average annual rate of 141.0% to reach $47.6 billion in revenues by 2025. Vodafone (VOD) is one of the largest telecom providers in Europe. The company is well-positioned to take advantage of Europe’s rapidly expanding 5G market.
Orange today announced that it has completed the acquisition of 100% of Basefarm through its enterprise subsidiary Orange Business Services following the approbation of the relevant competition authorities. Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis. Basefarm has a strong operational presence in several European countries, particularly in Norway, Sweden, the Netherlands, Austria and in Germany, where it boasts a cutting-edge big data activity with its subsidiary The unbelievable Machine Company.
IBM’s (IBM) Strategic Imperatives business, which comprises its analytics and cloud units, has continued to see strong growth, driven by robust enterprise cloud demand. The cloud sub-segment contributes ~47% of IBM’s Strategic Imperatives revenue. In the last five quarters, the cloud business has grown at a compound annual rate of 4.8%, buoyed by growing digitalization across different industries, and Strategic Imperatives has grown 3.5% compounded annually.
In order to maintain a strong foothold, Netflix (NFLX) continues to incur huge marketing expenses in both the United States and international markets. From the graph above, you can see Netflix’s marketing cost trend in the last five quarters. Netflix is facing cutthroat competition in its domestic market from other low-cost OTT (over-the-top) service providers, including Hulu and Amazon (AMZN) Prime Video.
Netflix (NFLX), the leading Internet entertainment operator, has been entering into agreements with various telecommunications and cable operators in the United States as well as globally. Carriers are selling Netflix plans to their subscribers as part of their bundled package deals. The move may help Netflix not only promote its plans to a variety of consumer segments but also make processing easier.
Moody's Investors Service today assigned Ba3 ratings to the Term Loan AO2 (due 2027) being issued by Telenet International Finance S.à r.l. Telenet's corporate family rating ("CFR") of Ba3, probability of default rating ("PDR") of Ba3-PD, and all the existing debt instrument ratings of Ba3 at Telenet's rated subsidiaries remain unchanged.
Orange SA is taking lessons from a price war in France beyond its home market to Spain, where a push to win subscribers paid off with a second-quarter earnings beat. The French telecom carrier is winning phone, internet and TV customers to the detriment of rivals in Spain, where the entrance of Masmovil Ibercom SA as a fourth operator in 2016 added competitive pressure. Comparable sales rose 1.8 percent for Orange in Spain, where it now has 2.6 million fiber broadband customers, compared with a 0.6 percent gain in France.
Following a competitive tender process initiated by Abry Partners for its stake in Basefarm, the Orange Group, through its enterprise subsidiary Orange Business Services, has announced today the signature of a contract to acquire 100% of the company’s capital for an enterprise value of 350 million euros. Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis.
Orange SA is partnering Ivory Coast’s Groupe NSIA to start banking operations in West Africa as the telecommunications group accelerates an expansion into financial services, according to three people familiar with the matter. The venture plans to use the assets in Ivory Coast and Senegal that NSIA acquired from Nigeria’s Diamond Bank Plc in November, said the people, who asked not to be identified because the information isn’t public. Orange will own 75 percent of the venture, with NSIA holding the remaining stake, they said.
Orange Business Services and Additiv, an expert in digital solutions for the financial market, have teamed up to offer digital wealth management as-a-service products to financial institutions. The cloud-based offerings will automate wealth management and address the strong growing demand for digital financial services from clients and the urgency to reduce operating costs by many financial institutions.
Didier Lombard, the former chief executive officer of France Telecom, will stand trial for moral harassment, a decade after a wave of employee suicides coincided with the restructuring he led. The onetime monopoly, now known as Orange SA, and six of its executives have also been indicted on charges of moral harassment or abetting moral harassment, according to a statement from the company’s telecommunications workers union, CFE-CGC. The union, citing an indictment, said the case should reach the courts next year.
The most recent earnings announcement Orange SA.’s (ENXTPA:ORA) released in December 2017 confirmed that the business benefited from a significant tailwind, more than doubling its earnings from the prior year.Read More...
Investors are getting over-excited about the prospects for dealmaking in France's telecoms sector. Yes, there's a willing buyer in the form of conglomerate Bouygues SA. There's also an open-minded regulator, who has told Le Monde the door is “a bit open” for M&A. The snag is that it's hard to see the willing sellers. Bouygues has held talks with European buyout firm CVC Capital Partners about a possible joint bid for the French business that represents the bulk of the worth of Altice NV, Bloomberg News revealed last month.
Russian fishing fleet operator Dobroflot Group of Companies is set to deploy an IoT solution for fuel monitoring from Orange Business Services. The solution helps to optimize fuel consumption, analyzing weather and vessel position, to save up to ten percent of fuel costs, and also helps to prevent unauthorized fuel usage. The IoT solution takes advantage of a fully-managed satellite solution from Orange Business Services that connects Dobroflot’s vessels and onshore operations.
The on-again, off-again merger dance among French phone companies may be back on again. Shares of Altice NV soared as much as 53 percent after Sebastien Soriano, the head of telecom regulator Arcep, told Le Monde newspaper that he’s more open to deals now that the four main phone carriers have invested billions of euros in their networks, as requested by the agency. Orange SA, Iliad SA and Bouygues SA also gained amid speculation that debt-laden Altice’s French unit, SFR, will attract an offer.
Orange SA.’s (ENXTPA:ORA) most recent return on equity was a substandard 6.42% relative to its industry performance of 26.45% over the past year. Though ORA’s recent performance is underwhelming, itRead More...
Dr. Helmut Reisinger is the new chief executive officer of Orange Business Services, effective today, taking over from Thierry Bonhomme, who becomes special advisor to the Chairman and CEO of Orange before retirement later this year.
LONDON, UK / ACCESSWIRE / April 26, 2018 / Active-Investors.com has just released a free research report on Cisco Systems, Inc. (NASDAQ: CSCO) ("Cisco"). On April 24, 2018, the Company announced that it has inked a partnership deal with Orange S.A. (NYSE: ORAN) to modernize and expand Orange's Open Transit Internet (OTI) service. This initiative offers Orange Group the chance to expand its network in Europe, Africa, and the Middle-East, with reduced operational complexity and increased capacity using the new generation of routers on its OTI service.