France-based phone firm Orange is nearing an agreement to exit its unit to Luxembourg-based cable and telecommunications investor Altice, according to sources interviewed by Bloomberg.
Breaking News
According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Orange SA sees market consolidation as the next wave should Telefonica SA and Royal KPN NV merge.
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