Stéphane Richard
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Telefónica chairman and CEO José María Álvarez-Pallete is to chair the board of the GSMA, in the latest consequence of the removal of Stéphane Richard from the leadership of Orange. -
Orange, La Banque des Territoires (Caisse des Dépôts), CNP Assurances and EDF Invest, confirms the launch of Orange Concessions, the €2.675 billion joint venture fibre business.
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Orange is to buy a further 21.7% stake in its loss-making Orange Bank from Groupama, the insurance company that has been its partner in the project since 2016.
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Orange has gone live with 5G coverage in the port area of Le Havre, France.
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Schneider Electric and Orange have deployed indoor 5G in the industrial sector in France using experimental frequencies.
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Orange CEO Stéphane Richard has confirmed eight changes to the group’s executive committee, intended to help Orange “exit the health crisis in the best conditions”. Seven other positions remain unchanged.
Forthcoming events
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Capacity shares 5 key finance stories from around the world making headlines today!
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Orange is rumoured to have chosen BNP Paribas and Morgan Stanley to advise on a proposed initial public offering (IPO) of its Middle East and Africa business.
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Orange is partnering with Google on its 6,600km Dunant subsea cable that connects the US to the French Atlantic coast which is due to complete by late 2020.
