Friday, 14 December 2018

Orange buys a bank

By Mary Lennighan, Total Telecom
Friday 22 April 16

French telco aims to launch Orange Bank at start of 2017, having acquired a majority stake in Groupama Banque.

Orange on Friday announced that it will acquire a 65% stake in France-based Groupama Banque and will transform the business into Orange Bank. The telco revealed in January that it had entered discussions with insurance firm Groupama regarding its banking business. It intends to use the acquired assets as the foundation of a mobile…

Orange on Friday announced that it will acquire a 65% stake in France-based Groupama Banque and will transform the business into Orange Bank. The telco revealed in January that it had entered discussions with insurance firm Groupama regarding its banking business. It intends to use the acquired assets as the foundation of a mobile…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

RECENTLY READ

Newsletter signup

Quickly get on board and up to date with the telecoms industry