France Telecom Gets Commitments To Sell Over 3% Of ECMS
FRance Telecom è, vedendo la tabella sopra la meno indebitata (debito/ebit) tra i grandi players delle telecomunicazioni...post 666
Mobinil (Egypt): France Telecom has secured committments to sell amounting to more than 3% of the share capital of ECMS at a price of EGP 230 per share France Telecom announces that its fully owned subsidiary, Orange Participations, has received expressions of interest from a number of shareholders of the Egyptian Company for Mobile Services S.A.E. ("ECMS") that wish to dispose of their holdings in ECMS, and that it has secured with these shareholders their commitment to sell their entire shareholdings in ECMS at a price of EGP 230 per share.
In total, Orange Participations has to date secured commitments for more than 3% of the issued share capital of ECMS, representing more than 6% of the free float of ECMS. Furthermore, Orange Participations is currently in discussions with other potential sellers.
In order to comply with Egyptian capital markets regulations, Orange Participations has ensured that the implementation of the above arrangements is subject to approval by the Capital Market Authority and reiterates its commitment to treat all ECMS shareholders equally.
About France Telecom France Telecom, one of the world's leading telecommunications operators, had consolidated sales of 53.5 billion euros in 2008 (12.7 billion euros in the first quarter of 2009) and, at 31 March 2009, a customer base of almost 184 million customers in 30 countries. Orange, the Group's single brand for Internet, television and mobile services in the majority of countries where the company operates, now covers 123 million customers. At the first quarter of 2009, the Group had 123 million mobile customers worldwide and 13 million broadband Internet (ADSL) customers in Europe. Orange is the number three mobile operator and the number one provider of broadband Internet services in Europe and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
The Group's strategy, which is characterized by a strong focus on innovation, convergence and effective cost management, aims to establish Orange as an integrated operator and benchmark for new telecommunications services in Europe.
Today the Group remains focused on its core activities as a network operator, while working to develop its position in new growth activities. To meet customer expectations, the Group strives to provide products and services that are simple and user-friendly, while maintaining a sustainable and responsible business model that can be adapted to the requirements of a fast-paced and changing eco-system. France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange
. Sulle banche USA ho anch'io un qualche scetticismo. 
