• Advertisement
To advertise, place classifieds free ads by category in a forum as a new topic, or in the classified display ads section, or start a classifieds free blog.

France's Orange says will keep UK offices despite Brexit vote

France's Orange says will keep UK offices despite Brexit vote

Postby smix » Sat Jun 25, 2016 1:08 pm

France's Orange says will keep UK offices despite Brexit vote
Reuters

URL: http://www.reuters.com/article/us-brita ... SKCN0ZA38V
Category: technologyNews
Published: Fri, 24 Jun 2016 13:57:54 -0400

Description: PARIS (Reuters) - French telecoms company Orange said on Friday it plans to maintain several group offices in the United Kingdom, which employ about 900 people, despite Britain's vote to leave the European Union. The company said it was not present in the British telecoms consumer market and that the referendum vote had no direct impact on its financial exposure and balance sheet. Britain's decision to exit the European Union in a referendum on Thursday sent markets tumbling on Friday, with the pound sterling crashing to a 31-year low at one point. Shares in Orange fell 7.5 percent, outperforming France's blue chip CAC 40 index .FCHI, which closed down 8.04 percent for the day after banks in particular took a hammering. "The group is covered against movements in the sterling and dollar exchange rates," Orange said in the statement.
User avatar
smix
 
Posts: 1875919
Images: 1
Joined: Sat Aug 10, 2013 8:05 am
Blog: View Blog (0)

  • Similar Topics
    Replies
    Views
    Last post

Return to Telecoms, Telephone Service, VoIP, SMS, Mobile Phone Plans & Cards


Mobile Device
  • 1
  • FREE CLASSIFIED ADS
    Free Classified Ads
    There are 3 ways to advertise - your choice: you can place free ads in a forum topic, in the classified display ads section, or you may start your own free blog. Please select the appropriate category and forum for the ad content before you post. Do not spam.
    Caveat emptor - let the buyer beware. Deal at your own risk and peril.
  • Advertisement