PARIS: Orange shares fell sharply yesterday after an executive’s comments about the intensification of the price war in France’s telecoms market unnerved investors and hit shares in the sector.
Orange, France’s former monopoly, reported earlier that quarterly sales in France had fallen for the first time since 2017, highlighting the tough environment in the country where rivals are engaged in a race to win market share.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!