Orange Group is in exclusive discussions with Armenian internet service provider Ucom about selling 100% of its mobile subsidiary Orange Armenia.
In a statement, Orange said that Orange Armenia “does not have the necessary scale” to carry out the “massive investments” required to offer customers convergent services.
“The discussions with the internet service provider Ucom concern the sale of Orange Armenia, which would enable the creation of a strong Armenian player capable of offering its customers a broad range of fixed and mobile services,” said Orange.
The talks are part of Orange’s ‘Essentials2020’ plan to focus on convergent services that combine mobile and fixed networks.
This strategy has led to the proposed merger of BT and EE – which is half owned by Orange – in the UK and the acquisition of Jazztel in Spain.
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