France Telecom Orange acquires
the remaining 49% of stake in Neocles
July 2011 -- France Telecom
acquired the remaining 49% of Neocles. This transaction is the
final conclusion of the prior agreement, in October 2006 France
Telecom signed with the majority shareholders of Neocles Corporate,
an unlisted IT service company to acquire a 51% stake in Neocles
Corporate, with an option to subsequently raise this to 100%, France
Telecom is strengthening its position as the market leader for
secure information system access solutions. This acquisition is in
line with France Telecom's NExT strategy for the corporate sector,
positioning Orange Business Services as a pivotal provider for the
integration of information and communications technologies on the
business market.
About Orange
France Telecom-Orange is one of the world’s leading
telecommunications operators with 170,000 employees worldwide,
including 102,000 employees in France, and sales of 11.2 billion
euros in the first quarter 2011. Present in 35 countries, the Group
had a customer base of 215.9 million customers at 31 March 2011,
including 141.6 million customers under the Orange brand, the
Group's single brand for internet, television and mobile services in
the majority of countries where the company operates. At 31 March
2011, the Group had 156.7 million mobile customers and 13.9 million
broadband internet (ADSL, fibre) customers worldwide. Orange is one
of the main European operators for mobile and broadband internet
services and, under the brand Orange Business Services, is one of
the world leaders in providing telecommunication services to
multinational companies.
With its industrial project, "conquests 2015", Orange is
simultaneously addressing its employees, customers and shareholders,
as well as the society in which the company operates, through a
concrete set of action plans. These commitments are expressed
through a new vision of human resources for employees; through the
deployment of a network infrastructure upon which the Group will
build its future growth; through the Group's ambition to offer a
superior customer experience thanks in particular to improved
quality of service; and through the acceleration of international
development
France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment
A) and on the New York Stock Exchange.
For more information (on the internet and on your mobile):
www.orange.com,
www.orange-business.com,
www.orange-innovation.tv
Orange and any other Orange product or service
names included in this material are trademarks of Orange Brand
Services Limited, Orange France or France Telecom.
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