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Orange will pull out of emerging markets if it misses top-two targets, Ovum comments

(PresseBox) (London, )
At an MWC round table attended by Ovum, Marc Rennard, Orange's Executive Vice President for Africa, Middle East and Asia, said that Orange is looking to increase revenues from its emerging markets to €7 billion by 2015 compared with €3.4 billion today. But Rennard added that if Orange cannot be the number one or two operator in its emerging markets then it will pull out.

Eden Zoller, Principal analyst at Ovum has the following comment:

"The challenge facing Orange is how to build out network infrastructure cost economically, particularly in larger African markets. Rennard said network sharing will help with qitd.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.