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Orange to sell Dominican Republic unit for 1.1bn

2013-11-27 01:00:00| Total Telecom industry news

French telco offloads Orange Dominicana to investment firm in bid to reduce debt.

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Orange to sell Dominican Republic unit for over EUR 1 bln

2013-11-22 23:43:00| Telecompaper Headlines

(Telecompaper) Orange is within days of announcing the sale of its Dominican Republic unit for "well over" EUR 1 billion (approximately USD 1.35 billion), the Wall Street Journal reports, citing Orange CEO Stephane Richard. "The probability that we'll make a Dominican Republic announcement in coming days is very high," Richard said. "It's for a value well above what had been expected, well above EUR 1 billion", he added. The statement was made at a Morgan Stanley investor conference in Barcelona. Richard declined to name the buyer or give further details related to the deal. Three sources familiar with the matter told Bloomberg that the likely buyer is cable investment group Altice. The latter last month acquired the Dominican operator Tricom.

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Orange nears sale of Dominican Republic unit for above 1bn

2013-11-22 01:00:00| Total Telecom industry news

Stephane Richard says likelihood of sale announcement in next few days is high.

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Orange sets mid-Nov deadline for Dominican offers

2013-11-04 01:00:00| Total Telecom industry news

Sources claim C&W Communications, Digicel mulling possible bids.

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Dominican Republic Increases Production of Major Ag Commodities

2013-10-18 02:00:00| ThePigSite - Industry News

DOMINICAN REPUBLIC - Minister of Agriculture, Luis Ramon Rodriguez, said that in recent years, the country has managed to increase the production of major agricultural commodities, which has strengthened food security of the population.

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