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Orange slashes dividend as coronavirus takes its toll

2020-04-20 02:00:00| Total Telecom industry news

With more people working at home than ever before, telecommunications services have rapidly become even more integral to our daily lives. As a result, one could be forgiven for thinking that network operators should be raking in the profits during this turbulent time…read more on TotalTele.com »

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Orange announces cut to 2019 dividend due to Covid-19

2020-04-17 10:50:00| Telecompaper Headlines

(Telecompaper) The announcement comes amid increasing pressure on French companies to review their dividend policies. At the end of March, the government said that any business applying for state financial support during the current crisis would be requested to scrap dividend payments to shareholders. Trade unions have called for all companies in the country to scrap dividends, starting with state-backed groups.

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Free Mobile and Orange seek Arcep's approval to extend national roaming deal to 2022

2020-04-06 08:43:00| Telecompaper Headlines

(Telecompaper) French telecom authority Arcep announced that Free Mobile and Orange have agreed to extend their existing national roaming partnership, which was last updated in June 2016. The regulator said that it is examining the amended contract and is seeking the views of other market stakeholders as part of its assessment.

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Orange Poland sees lower FY revenue outlook but keeps EBITDA forecast unchanged

2020-04-03 17:38:00| Telecompaper Headlines

(Telecompaper) Orange Poland has issued a statement about the impact it expects the coronavirus pandemic to have on its operations and financial prospects. The operator expects its core operations to remain relatively immune from the impact. The company maintains high liquidity and sufficient financing of its operations and capital expenditures. All of its debt is in the Polish currency and it does not expect to have any refinancing needs this year. Still, the company does not expect to meet its revenue guidance for the year. It will be keeping its EBITDA forecast for the moment.

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