Orange's board of directors has renewed CEO Stephane Richard's tenure, after apparently heeding a warning about destabilising the company if he was replaced.
Vodafone's Kenya-based unit Safaricom may drop plans to buy some of the mobile network assets of Essar Telecom Kenya due to a lack of regulatory certainty.
Orange may well have had an "oh no" moment when Vodafone revealed it had clinched a deal to buy Spanish broadband provider Ono for €7.2 billion, subject to the usual regulatory approvals. The purchase raises a number of questions for Orange's Spanish operations, not least with regard to its fixed-line strategy. It's still not fully clear what Orange will do about its fibre-to-the-home rollout plans. Orange and Vodafone had agreed to jointly roll out FTTH to up to 6 million homes, and initially committed to half that number between them
Orange chief executive, Stephane Richard, hinted the company's board would be taking a huge risk by replacing him, despite concerns about his involvement in a government payout to settle arbitration in 2008.
Egypt's Ministry of Communications and Information Technology (MCIT) is preparing new joint licences that will enable operators to offer fixed and mobile services in the country.
Vivendi said it has decided to enter into exclusive negotiations with Altice on the acquisition of SFR for a period of three weeks, in what will come as a blow to Bouygues as the two companies compete to buy SFR from the telecoms and media giant.
The battle for French operator SFR took a new turn over the weekend after Bouygues said it had reached an accord to sell its mobile network and some frequencies to Iliad if its offer to merge Bouygues Telecom with SFR is approved.
Orange impressed the markets on Thursday with better than expected forecasts for its margin and core profits in 2014, although the French operator emphasised the figures will partly be achieved through continued cost cutting.
After months of speculation and rumour, the battle for SFR has finally begun. Vivendi announced late on Wednesday that it had received binding offers for the French mobile and fixed operator from both Numericable shareholder Altice and the Bouygues group.
Speculation surrounding the possible sale of SFR to a domestic rival reached fever pitch on Wednesday after Vivendi reportedly asked all potential bidders to submit their preliminary offers by 8pm this evening.