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Orange - ORAN STOCK NEWS

Welcome to our dedicated page for Orange news (Ticker: ORAN), a resource for investors and traders seeking the latest updates and insights on Orange stock.

Orange S.A. (formerly known as France Télécom S.A.) is a preeminent French multinational telecommunications corporation, widely recognized for its comprehensive services in mobile, landline, internet, and Internet Protocol television (IPTV). Operating under the name Orange since 2006, the company has solidified its position as the dominant telecom operator in France, outpacing competitors like Iliad, Bouygues, and SFR.

Orange operates both fixed and wireless businesses across several European countries including France, Spain, Poland, Belgium, Luxembourg, and Central European nations such as Romania, Slovakia, and Moldova. About 15% of Orange's revenue is derived from emerging African markets, where the company operates exclusively in the wireless segment. Additionally, the enterprise division, which caters to companies with more than 50 employees globally, contributes around 20% to Orange's overall revenue.

The enterprise division, Orange Business, has recently garnered significant acclaim. In January 2024, Frost & Sullivan awarded Orange Business the 2023 Asia-Pacific Company of the Year Award, recognizing its advanced cloud contact center solutions that enhance customer and employee experience. With a focus on technology like AI, chatbots, and data analytics, Orange Business enables seamless multi-channel customer interactions.

Orange Business also collaborates with global tech giants to advance sustainability and innovation. A notable partnership with Cisco, formalized through a Memorandum of Understanding (MoU) in February 2024, aims to reduce greenhouse gas (GHG) emissions and promote a circular economy. This collaboration emphasizes creating a GHG emissions baseline, employing eco-design principles, and offering remanufactured units to reduce environmental impact.

Moreover, Orange and Google Cloud have expanded their collaboration as of April 2024 to deploy AI capabilities closer to Orange's operations. Using Google Distributed Cloud, Orange aims to enhance cloud services at a local level, meet regulatory requirements, and foster rapid AI adoption. This partnership is pivotal in deploying AI applications across Orange's extensive service areas, ensuring agility and responsiveness.

Financially, Orange is robust, reporting revenues of 44.1 billion euros in 2023 and servicing 298 million customers worldwide as of December 31, 2023. The company's strategic plan, 'Lead the Future,' unveiled in February 2023, underscores its commitment to network excellence, service quality, responsibility, and efficiency.

Orange is publicly traded on Euronext Paris (ORA) and the New York Stock Exchange (ORAN). With a global workforce of 137,000 employees, including 73,000 in France, Orange remains a leader in the telecommunications sector, continuously driving innovation and customer satisfaction.

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Orange and La Poste have announced a groundbreaking initiative to repurpose network equipment from the Paris 2024 Olympic and Paralympic Games. Approximately 90% of Wi-Fi terminals and 78% of switches from Olympic sites will be installed at La Poste locations across France starting in 2025.

The partnership focuses on extending equipment lifespan and minimizing environmental impact, supporting both companies' CSR strategies and net-zero carbon goals by 2040. Several thousand Wi-Fi terminals and advanced telecom equipment will be redeployed to key La Poste locations, including the Maison de l'Innovation in Nantes, which will house over 800 IT professionals.

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Orange Business has launched Live Intelligence, a comprehensive GenAI solution designed to simplify AI technology deployment for businesses of all sizes. The solution, already tested by 50,000 Orange employees, offers a multi-LLM platform with pre-set prompts for common business tasks like document analysis, email management, and content creation. Live Intelligence addresses data security concerns by ensuring European data hosting and provides monitoring capabilities for GenAI deployment. The platform aims to democratize AI access, particularly for SMEs, offering a user-friendly interface and controlled pricing while maintaining data security standards.

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Orange Business has deployed a centralized managed hybrid cloud solution for TMF Group, a leading provider of critical administrative services for global businesses. The solution aims to improve performance, flexibility, and collaboration capabilities to address digital business needs. Orange Business built a managed Azure Stack HCI hybrid cloud service in Brazil, Costa Rica, France, and Singapore, integrating with TMF Group's existing Microsoft Azure and Amazon Web Services solutions.

The deployment, one of the largest Azure Stack HCI implementations to date, supports 11,000 employees across 125 offices in 87 jurisdictions. It connects TMF Group's on-premises system to Azure for cloud-based services, monitoring, and management. The solution provides TMF Group with a flexible, reliable, globally distributed, centrally managed, and cost-effective platform to embrace new digital delivery models and provide valuable insights to their clients.

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Orange Business has successfully completed the first phase of a new data center and communications infrastructure for Grifols Egypt for Plasma Derivatives (GEPD) in the Medical City within the New Administrative Capital. The project involves delivering co-location services through the ACUD data center, including communication services, equipment procurement support, and professional services. GEPD, a joint venture between Egypt's National Service Projects Organization and Grifols, aims to achieve self-sufficiency in plasma-derived medicines, creating a fully integrated plasma platform.

Orange Business is leveraging its global experience and 25-year presence in Egypt to support this critical national health project. The infrastructure includes a WAN interconnecting plasma facilities, donation centers, and a manufacturing facility. This collaboration is expected to enhance Egypt's healthcare system and contribute to the country's Digital Egypt Strategy.

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Haier Europe, part of Haier Smart Home, the leading global company in major appliances, has chosen Orange Business's Evolution Platform to enhance its digital infrastructure. This decision aims to improve Haier's security, visibility, and agility while supporting its growth and sustainability goals.

The Evolution Platform, which encompasses cloud connectivity and cybersecurity, will aid Haier's transformation into a data-driven enterprise. Haier's new 'pay-per-wash' servitization model exemplifies their commitment to innovation and resource optimization.

Orange Business will provide a flexible SD-WAN, secure multi-cloud access, and extensive cybersecurity services managed through a customer portal, ensuring end-to-end service and visibility.

This partnership aligns with Haier's strategy to be the top choice for smart home solutions, leveraging Orange's global expertise in connectivity, cloud, and cybersecurity.

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Orange and Google Cloud expand collaboration to bring gen AI closer to operations and customers, aiming to enhance AI adoption and customer experience.
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Orange Business and Cisco form a collaborative partnership to reduce greenhouse gas emissions, setting ambitious net zero goals. The agreement focuses on circular economy practices, emissions baseline creation, and eco-design principles. Both companies aim to accelerate progress towards GHG emission reduction targets by sharing data and best practices.
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Orange Business and Tēnaka have partnered to scale coral reef restoration in Malaysia's Marine Protected Area, leveraging technology to automate and scale coral reef and marine biodiversity monitoring. Through this partnership, Orange Business is accelerating Tēnaka’s digital transformation, making its day-to-day operations more efficient. The project orchestrated by Orange Business involves a Yucca lab marine research station composed of an underwater monitoring device with waterproof 360° cameras attached to a solar-powered floating buoy with processing and transmission capabilities. The research station connects to the local 4G mobile network with an Orange Business SIM card, transferring images daily to a Microsoft Azure tenant managed by Orange Business. The data transfer is secured by Orange Cyberdefense using Netskope SSE technology and NewEdge infrastructure. Once in the cloud, an AI algorithm developed by Orange Business analyzes the images, automatically recognizing and quantifying various species of fish, invertebrates, and megafauna in the reefs. This near real-time data-driven approach enhances the capabilities of Tēnaka’s operations, allowing scientists to access 24/7 data and spend more time restoring degrading coral reefs. Tēnaka’s coral reef restoration aims to protect and preserve critically important and endangered wildlife, while supporting the economic independence of coastal communities in terms of food security and employment linked to tourism and fisheries.
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Orange Business, a subsidiary of the French telecommunications company Orange Group, has been recognized with the 2023 Asia-Pacific Company of the Year Award by Frost & Sullivan for its excellence in the telecommunications cloud contact center services space. The company offers innovative and highly efficient customer-centric solutions that enhance both customer and employee experiences. With its focus on leveraging state-of-the-art technology and a superior omnichannel platform, Orange Business helps global companies improve customer experience and employee experience across multiple channels and devices.
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VMware (NYSE: VMW) and Orange Business strengthen partnership to deliver Flexible SD-WAN via Evolution Platform, addressing the needs of distributed, latency-sensitive workloads. The offering provides advanced automation capabilities, optimal user experience, and significantly improved employee productivity. It also enables end-to-end visibility and service guarantees, allowing organizations to bring up sites faster and benefit from a global network of Super PoPs.
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FAQ

What is the current stock price of Orange (ORAN)?

The current stock price of Orange (ORAN) is $11.15 as of December 17, 2024.

What is the market cap of Orange (ORAN)?

The market cap of Orange (ORAN) is approximately 29.6B.

What services does Orange S.A. provide?

Orange S.A. offers mobile, landline, internet, and Internet Protocol television (IPTV) services.

Where does Orange operate?

Orange operates fixed and wireless businesses in France, Spain, Poland, Belgium, Luxembourg, Central Europe, and wireless networks in emerging African markets.

What is Orange Business?

Orange Business is the enterprise division of Orange, providing advanced cloud contact center solutions and digital business support.

What recent awards has Orange Business received?

In January 2024, Orange Business was awarded the 2023 Asia-Pacific Company of the Year Award by Frost & Sullivan.

What is the strategic plan of Orange S.A.?

Orange's strategic plan 'Lead the Future' focuses on network excellence, service quality, responsibility, and efficiency.

What is the financial status of Orange S.A.?

Orange reported revenues of 44.1 billion euros in 2023 and has a customer base of 298 million as of December 2023.

Who are Orange's main competitors in France?

In France, Orange's main competitors are Iliad, Bouygues, and SFR.

What are the key focus areas of Orange's partnership with Cisco?

The partnership focuses on reducing GHG emissions, promoting circular economy principles, and developing eco-designed products.

How is Orange implementing AI in its operations?

Through its partnership with Google Cloud, Orange is deploying AI capabilities to enhance local operations and meet regulatory requirements.

Where can I find more information about Orange?

More information is available on Orange's websites: www.orange.com and www.orange-business.com.

Orange

NYSE:ORAN

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29.64B
2.66B
1.15%
0.06%
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