Orange Romania
Orange Romania is a leading mobile telecommunications operator in Romania as well as one of the largest and most profitable companies in the country. The majority of Orange Romania’s shares is held by Orange (~68%) which in turn belongs to France Telecom the world's fourth largest telecommunications carrier.
Orange Romania operates one of the three GSM licenses granted by the Romanian government and launched commercial service in June 1997 under the “DIALOG” & “ALO” brand names. In early 2003, the company re-branded its services under the very successful Orange brand name. Orange Romania turned profitable in 1999, after three full operating years. Since then, Orange Romania has been outperforming its aggressive profitability targets.
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Sector: TMT
Subsector: Wireless Telecommunications
Country: Romania
Acquired: 2001
Sold: 2005