Orange Business Services, the enterprise business unit of
), recently announced its partnership with Samsung to jointly
drive tablet penetration into the enterprise market. Financial
details of the deal were not provided.
As per the deal, Samsung will provide integrated software
solutions in its tablets which will specifically cater to
corporate customers of Orange Business Services. Orange
will also gain from enterprise class security, customer support
and device management solution provided by
Initially, both the companies will cater to the European
network of Orange, with increased focus on France, Belgium, Spain
and Poland. With the new partnership, Orange is targeting
customers who look for a bundled service package that
incorporates equipment, services and connectivity to enhance
Orangeis now in the second phase of its five-year action plan
called Conquests 2014-2015, which aims at renewed growth at the
Enterprise segment with solid improvements in Europe as well as
in Africa and the Middle East.
The Enterprise segment is expected to register revenue growth
of over 30% year over year in 2013 on steady revenue growth from
the cloud computing business in the emerging markets. To boost
its cloud services, the company launched the Orange Video Meeting
mobile application that can be accessed through tablets or
Going forward, the company expects capital expenditure to
return to the normalized level of 10% of revenues, representing
approximately €9.8 billion for the two-year period. As a result,
the Conquest plan is expected to boost the company's growth in
both domestic and international markets.
The plan focuses on enhancing the service provider's
next-generation broadband access network, increasing
international presence as well as expanding its global customer
base by 50%. Through this project, the company intends to
increase its customer base to 300 million by 2015.
Orange, which operates with other European telecom companies
such as the
Telecom Italia S.p.A
), has a Zacks Rank #4 (Sell).
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