Orange is open to M&A talks with rival SFR, CEO says after in-line results

Orange is open to consolidation talks with French rival SFR, pending the completion of its debt restructuring, the chief executive of France’s biggest telecom provider said on Tuesday.

“I can confirm that, France being our first market, we are ready to engage and indeed, there are preliminary discussions between operators,” CEO Christel Heydemann said in a post-earnings call with analysts.

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