James Middleton

February 22, 2007

1 Min Read
Belgacom sells its Orange arm

Belgian operator Belgacom said Thursday it is selling its stake in the Belgian arm of Orange for Eur147.8m (£99.23m).

The company sold the stake citing its future strategies and claiming that it was no longer a “strategic asset”. In a statement the firm said it had waited for an “opportune moment” to sell the unit.

About the Author(s)

James Middleton

James Middleton is managing editor of telecoms.com | Follow him @telecomsjames

You May Also Like