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DMEUROPE-20 October 2005-France Telecom buys out Orange Slovakia (C)2005 DMeurope.com (http://www.dmeurope.com) & DME Ltd. All rights reserved.
French telco France Telecom has signed an agreement with all the minority shareholders in mobile operator Orange Slovakia to acquire their shares for 524m, to be paid before the end of this year. Following the transaction, France Telecom will increase its indirect stake in Orange Slovakia from its current level of 63.88 per cent to 100 per cent.
Orange Slovakia has some 2.3m customers and 57 per cent of market share. …