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ORA Orange.

11.055
0.00 (0.00%)
Last Updated: 15:35:21
Delayed by 15 minutes
Share Name Share Symbol Market Type
Orange. EU:ORA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.055 11.055 11.06 11.115 11.045 11.07 2,963,648 15:35:21

Orange Partners With MainOne to Expand Capacity in Africa

13/09/2018 5:50pm

Dow Jones News


Orange (EU:ORA)
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   By Max Bernhard 
 

Orange (ORA.FR) said Thursday that it agreed a major investment in West Africa submarine cable system MainOne, in order to expand its capacity on the African continent.

The partnership with MainOne Company includes construction and installation of two new branches and stations, adding to MainOne's current system consisting of a 7,000-kilometer submarine cable and landing stations in Nigeria, Ghana and Portugal, Orange said.

By mid-2019, the new stations will connect the cable to Dakar in Senegal and Abidjan in Ivory Coast, it said.

Orange didn't disclose the invested sum.

 

Write to Max Bernhard at max.bernhard@dowjones.com

 

(END) Dow Jones Newswires

September 13, 2018 12:35 ET (16:35 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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