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French Telecom Giant Set To Sell Armenian Wireless Network
2015-07-22 19:31:51| Wireless - Topix.net
The French mobile phone giant Orange on Wednesday confirmed Armenian media reports that it is close to selling its subsidiary in Armenia to another, locally owned telecommunication company. Francis Gelibter, the chief executive of Orange Armenia, said the company is now negotiating with the Ucom operator that runs the country's largest fiber-optic cable network providing broadband Internet and fixed-line telephone connections.
Orange enters talks to sell Orange Armenia to Ucom
2015-07-22 08:45:00| Telecompaper Headlines
(Telecompaper) Orange has entered into exclusive discussions with Armenian ISP Ucom to sell it 100 percent of its mobile subsidiary Orange Armenia. The planned disposal is in line with Orange's Essentials2020 plan, which sees the group focus on providing customers with high-quality mobile and fixed convergent services. The operator said that although Orange Armenia has made significant progress in subscriber numbers and profitability, it does not have the necessary scale to carry out by itself the massive investment necessary to offer convergent services. Its sale to Ucom would enable the creation of a strong Armenian operator offering both fixed and mobile services. Orange Armenia, created in 2009, has deployed one of the country's biggest 3G+ networks in Yerevan and rural areas. It had 630,000 customers at the end of 2014 and employs 500 people.
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Orange in talks to sell Armenia operations
2015-07-22 02:00:00| Total Telecom industry news
Telco looks to sell mobile unit to triple-play provider to create stronger competitor with full service offering.
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operations
orange
talks
GoPro helps users sell video clips
2015-07-21 18:49:33| BBC News | Business | UK Edition
Action-camera maker GoPro launches a site where users can sell clips to advertising agencies, news providers and other members of the media.
A&P parent files for bankruptcy, to sell stores
2015-07-20 18:52:13| Grocery - Topix.net
The parent company of A&P and Pathmark filed for Chapter 11 bankruptcy. It said it would sell its stores as part of its plan to pay creditors.
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stores
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