Orange Streamlines Liquidity Contract with Rothschild Partners

Orange Streamlines Liquidity Contract with Rothschild Partners

Regulated information

On a recent date, Orange made a significant adjustment to its liquidity management strategy. The company decided to reduce the cash allocated to its liquidity contract with Rothschild Martin Maurel by 5 million euros, thereby bringing the total cash allocation below 50 million euros. This move aligns with the regulations set forth by the AMF decision for what it categorizes as “very liquid shares.”

Details of the Cash Allocation Adjustment

As part of this reduction, the assets held in the liquidity account on the date of the transaction were updated to show a total of 1,000 shares along with approximately €45 million in cash. This is a notable change from the previous assets recorded at the end of the last year, which included zero shares and about €50 million in cash. The strategic reduction reflects Orange's commitment to adhering to AMF stipulations while managing its financial resources prudently.

Orange: A Leader in Telecommunications

Orange stands as one of the world’s foremost telecommunications operators, boasting impressive revenues of €40.3 billion and employing around 127,000 workforce members worldwide as of the end of the last fiscal year. Its extensive customer base includes 291 million users globally, with 253 million opting for mobile services and around 22 million utilizing fixed broadband connectivity. These figures consider the restructuring involved with MASORANGE in Spain, demonstrating Orange's robust market presence across the globe.

Innovation and Strategic Planning

Recently, Orange launched its strategic initiative titled "Lead the Future," which aims to innovate within its operational model. This plan emphasizes responsibility and operational efficiency, highlighting the company’s focus on excellence in network management, further solidifying Orange’s stance in the competitive telecommunication landscape.

Commitment to Corporate Excellence

As a prominent provider in IT and telecommunications, particularly for multinational corporations through Orange Business, the firm maintains a significant market position. The company’s efforts reflect its dedication to enhancing service quality, underlining Orange's role as a key player in the global telecommunications industry.

Orange's Stock Information

Orange is listed on Euronext Paris under the ticker ORA. This positioning within the stock exchange serves as a testament to its financial stability and growth prospects in the evolving market environment.

Stay Connected with Orange

For continuous updates on Orange's business strategies and corporate news, visit their official websites. The Orange Group’s digital presence ensures clients and stakeholders are well-informed about ongoing developments within the company. By engaging with their platforms, users can stay ahead of innovations and service enhancements implemented by Orange.

For further inquiries, contact Tom Wright via email.

Frequently Asked Questions

What was the recent change in Orange's liquidity contract?

Orange reduced its liquidity contract with Rothschild Martin Maurel by 5 million euros to comply with AMF regulations.

Why is the cash allocation important for Orange?

The cash allocation under liquidity contracts helps manage market stability and ensures compliance with regulatory requirements.

How many customers does Orange serve worldwide?

Orange serves approximately 291 million customers globally, which includes a substantial number of mobile and broadband users.

What is the focus of Orange's strategic plan?

The strategic plan "Lead the Future" focuses on responsibility and efficiency while enhancing service quality and network excellence.

Where can I find more information about Orange?

More information can be found on their official websites and through their digital communication channels.

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