Orange signs an agreement to acquire 50% of MasOrange

Orange has finalized a crucial agreement with Lorca to acquire 50% of the capital of MasOrange, Spain's leading mobile operator in terms of customer numbers. This acquisition, valued at €4.25 billion, is part of Orange's "Lead the Future" strategic plan. By consolidating its position in the Spanish market, Orange is reinforcing its long-term commitment and its ability to generate value.

The transaction is expected to close in the first half of 2026, subject to regulatory approvals. With the integration of MasOrange, Orange plans to consolidate the Spanish operator's results and refinance its debt. This strategic move reflects Orange's confidence in the growth potential of Europe.