Orange completes sale of Orange Dominicana

In accordance with the agreement signed on 26 November 2013 between Orange and Altice, and following the approbation of the relevant authorities, Orange today completed the sale of 100 percent of Orange Dominicana to Altice.

As a result of this disposal, Orange received $1.42 billion (approximately 1.05 billion euros). This transaction represents a significant new milestone in the group’s asset portfolio optimization strategy that was announced in 2011.

Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2013 and has 165,000 employees worldwide, including 102,000 employees in France.

Present in 30 countries, the group has a total customer base of more than 236 million customers at 31 December 2013, including 178 million mobile customers and 15 million fixed broadband customers worldwide. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.

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