Previous close | 15.78 |
Open | 15.73 |
Bid | 16.11 x N/A |
Ask | 16.18 x N/A |
Day's range | 15.73 - 15.73 |
52-week range | 13.31 - 33.58 |
Volume | |
Avg. volume | 0 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
EU antitrust regulators will decide by April 11 whether to clear Orange's bid for a majority stake in Belgian peer VOO SA after the French telecoms provider signed a deal with Liberty Global's Telenet to address EU competition concerns. The European Commission temporarily halted its investigation into the deal in October while waiting for Orange to reach an agreement allowing Telenet to expand into Wallonia in the south of Belgium that would make it a national operator and rival. Orange and Telenet reached an agreement on Monday.
PARIS (Reuters) -Liberty Global's Telenet on Thursday said it was in talks with France's No. 1 telecoms company Orange over potential network access to Belgian cable operator VOO, which Orange plans to acquire. The companies have reached a memorandum of understanding that will structure further negotiations, Telenet said in a statement. "Orange confirms negotiations with Telenet for access to the cable network in the south," a spokesperson for the French company said.
Telenet has been reporting EBITDAal as one of its key metrics since the second quarter of this year to reflect tower-related lease payments following the sale of its mobile tower business to Digital Bridge. Its revenue came in at 660.5 million euros, above analyst expectations of 652.6 million euros. European inflation has surged in the past year, driven by record gas prices as Russia curbed supplies following its invasion of Ukraine and Western sanctions against Moscow.