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Orange hails stronger Q2 amid fiber splurge
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French M&A displays optimism | White & Case LLP
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Orange: Financial information at 31 March 2021
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Orange holds firm, but Spain remains a drain
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Orange Work with APG to Rollout Fiber in Poland
Orange partners with APG for the deployment of an
additional 1.7m FTTH plugs in Poland through a 50-50 joint venture valued at
605 million euros
Orange Polska announced the
creation of a FiberCo co-owned (50-50) with APG. This joint venture aims to
support the rollout of fiber in Poland, in areas where access to very
high-speed broadband infrastructure is limited or inexistent. The FiberCo
integrates 2.4 million lines, including 1.7 million households that will be
deployed over the next five years.
This transaction values the joint
venture at 2,748 million PLN (605 million euros) following a competitive