Orange eyes acquisitions

WSE-listed telecom Orange Polska is interested in M&A especially in ICT and fiber infrastructure, the company’s CEO Jean-Francois Fallacher said. He added that the company is interested in assets that could “help implement elements of our strategy.” He mentioned recent takeover of electricity sales firm Multimedia Polska Energia as such example. “We could realize the goals we've set for ourselves in ICT in our strategy exclusively organically, but we are particularly interested in acquisitions in this area,” Fallacher said. Orange is also interested in a purchase of small local networks with fiber infrastructure. There are some potential local companies with several thousands of customers, that the company is interested in, according to the CEO, however, those takeovers would be “tactical” and would only boost the company’s infrastructure by a few percent.