Spectator on facebook

Spectator on facebook

France Telecom to buy rest of Orange Slovensko shares

FRENCH telecommunications company France Telecom has agreed on the purchase of the remaining shares held by minority shareholders in Slovak mobile operator Orange Slovensko for $628 million (Sk20.5 billion), the SME daily wrote.

The French firm will now control 100 percent of Slovakia's leading mobile operator. Currently France Telecom owns a 63.88 percent stake in Orange.

"The transaction will enable France Telecom and Orange to consolidate their positions on one of Europe's crucial markets with an outlook for quick growth," said France Telecom in a statement.


Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

They reported corruption at the Foreign Ministry. Now they receive an award

The tenth year of the White Crow award, celebrating young people and activists who break prejudices and go against the tide.

White Crow award laureates

Blog: Slovakia’s time to shine is now

People may be able to recognise Slovakia’s neighbouring countries through associations with food, drinks, beautiful cities or well-known political events. But Slovakia remains very much "hidden".

Bratislava Castle

The day that changed the Tatra mountains for good Photo

The windstorm damaged 12,000 hectares of woods on November 19, 2004.

Tatras after the 2004 calamity

Smer follows a downward trend but may escape oblivion

What does the defeat in regional elections mean for the future of Slovakia’s strongest party?

“How could it be a fiasco when a political party wins most councillors among all parties?” asks PM Robert Fico.