Orange: Orange announces a non-binding agreement with Lorca to acquire their 50% stake in MasOrange and fully own the leading operator* in Spain

Press release Paris, 31 October 2025 Orange announces a non-binding agreement with Lorca to acquire their 50% stake in MasOrange and fully own the leading operator* in Spain Orange has reached a non-binding agreement with Lorca to acquire full ownership of MasOrange through the acquisition of the remaining 50% stake in its Spanish joint venture for a price of 4.25 billion euros in cash. This transaction will accelerate Orange’s strategic plan “Lead the Future” and further strengthen Orange’s position in S ...