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Orange, Alice in talks to buy mobile operator Ten - report


Published :
Thu, 07 Jun 2007 08:03
By : Agencies
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PARIS (Thomson Financial) - France Telecom's Orange and Telecom Italia's Alice are in advanced talks with virtual mobile operator Ten over a possible buyout or strategic partnership, French business daily Les Echos reported without citing sources.

According to information obtained by the paper, Ten has looked at a number of other offers in recent weeks, and ruled them out in favour of Orange and Alice.

Les Echos quoted Ten chief executive Jean-Louis Constanza as saying: 'We will choose the partner who will guarantee the most ambitious development plan.'

However he refused to confirm the names of the potential candidates, the paper said.

vicky.buffery@thomson.com

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