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Orange in talks over Jazztel assets

Group agrees to sell parts of takeover target Jazztel's fibre network to get regulatory approval

Published Wed, May 6, 2015 · 09:50 PM

Paris

ORANGE has begun talks with several potential buyers for parts of Jazztel's fibre network, which it has agreed to sell to get regulatory approval for the takeover of the Spanish broadband company.

Nicolas Laederich, an executive who handles regulatory affairs and competition issues for the French telecoms group, said the divestment would be paired with a promise to rent out capacity on the company's fixed network to whoever buys the fibre assets.

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