France's Orange aims to add Belgian fixed line through VOO deal


FILE PHOTO: The logo of French telecom operator Orange is pictured on the facade of the Belgian unit in Brussels, Belgium, May 10, 2016.REUTERS/Francois Lenoir

PARIS (Reuters) -Orange, France's largest telecoms operator, set out a shift into Belgium's fixed line business on Tuesday, with plans to buy a majority stake in VOO SA in a deal valuing the firm at 1.8 billion euros ($2 billion).

The move illustrates Orange's strategy of being able to deliver 'convergent offers' in both broadband and mobile to customers in all European countries where it operates and follows a surge in interest in telecoms dealmaking.

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