Deutsche Telekom and Orange are having exploratory discussions with BT
Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE’s shareholders and strengthen the market position of EE.
As one of these options, Deutsche Telekom AG and Orange SA are having highly preliminary exploratory discussions with British Telecom, although it is too early to state whether any transaction may occur. Deutsche Telekom and Orange will make further announcements if and when appropriate.
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2013 and 159,000 employees worldwide at 30 September 2014, including 99,800 employees in France. Present in 30 countries, the Group has a total customer base of 240 million customers worldwide at 30 September 2014, including 182 million mobile customers and 16 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.
Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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