Orange Business Services, a subsidiary of
), has enhanced its Security as a Service (SAAS) offering by
teaming up with information security company SafeNet to provide
its Secure Authentication solution over the cloud.
Orange Business service will augment its Authentication
Service with SafeNet's Authentication Service to provide its
enterprise customers with an additional layer of security, while
accessing vital corporate information.
This cloud-based solution will offer a software
infrastructure, capable of supporting all enterprises and will
help eliminate the cost and complexities of owning and managing
their own equipment and employees. In addition to cost savings,
the solution also addresses the security concern of the
The cloud-based services business has been growing for quite
some time, as it significantly reduces the operational cost of
enterprises by providing secure and affordable data management
solutions, thereby enhancing business productivity.
France Telecom reported weak financial results for the fourth
quarter of 2012. The company earned €10.92 billion ($14.16
billion), marking a year-over-year drop of 3.2%. Enterprise
segment also has a weak quarter, where revenue slid by 2.7% to
€1.79 billion ($2.32 billion).
France Telecom is enhancing its service portfolio to tap the
recent rise in demand among enterprise customers to use
cloud-based service. We believe this will allow France Telecom to
offset its falling wireless business and strengthen its
enterprise segment revenue. Currently, France Telecom carries a
Zacks Rank #2 (Buy).
Other Stocks to Consider
Other stocks to consider in the European telecom industry are
). All these stocks currently carry a Zacks Rank #2 (Buy).
FRANCE TELE-ADR (FTE): Free Stock Analysis
LIBERTY GLBL-A (LBTYA): Free Stock Analysis
TELEFONICA S.A. (TEF): Free Stock Analysis
TELECOM ITA-ADR (TI): Free Stock Analysis
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