Orange made a second decisive acquisition move in as many days after completing a buyout of its partner in Spanish joint venture MasOrange.
The French operator detailed the completion of the deal late yesterday (8 June), two days after a move involving the assets of domestic rival SFR.
Orange began its quest to purchase the 50% of MasOrange it did not own from partner Lorca in October 2025 and the process ran relatively smoothly, with a definitive deal made two months later and regulatory clearance secured earlier this year.
MasOrange CEO Meinrad Spenger gains a place on Orangeβs executive committee. He said the buyout cements the operatorβs foundations and improves its βcapacity for investment and innovationβ.
Orange intends to refinance MasOrange debt βover timeβ.
The operator highlighted the acquisition of the remainder of MasOrange as important to a current strategy focused on the theme of trust, while also bolstering its position in Spain, its second-largest market in Europe.
βIt paves the way for accelerated industrial, operational and commercial synergiesβ, CEO Christel Heydemann said.
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