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Orange (ORAN) Stock News

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Welcome to our dedicated page for Orange news (Ticker: ORAN), a resource for investors and traders seeking the latest updates and insights on Orange stock.

Orange reports developments across Orange Business, its enterprise network and digital-integration division, with recurring updates on secure connectivity, cloud platforms, cybersecurity and digital transformation services for business customers. News commonly covers Orange Business customer deployments, managed hybrid cloud projects, data center and communications infrastructure, SD-WAN and cloud connectivity, and cybersecurity capabilities delivered through Orange Cyberdefense.

Company updates also feature Orange Business technology initiatives such as Cloud Avenue SecNum, Orange Quantum Defender, Live Intelligence GenAI solutions and the Orange Business Evolution Platform. Partnership announcements and platform certifications highlight the company’s focus on AI-enabled operations, automation, sovereign and secure cloud services, and quantum-safe networking for enterprise environments.

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Orange, a leading global telecommunications operator, announced its 2022 annual results and outlined its strategic plan during Capital Markets Day 2023. Highlights include a revenue of 42.5 billion euros and a customer base of 286 million worldwide. The Group aims to enhance value creation and deliver growth through its 'LEAD THE FUTURE' plan, which focuses on data, AI innovation, and social accountability. CEO Christel Heydemann discussed the positive revenue trends and outlook for 2023-2025, emphasizing commercial performance and CAPEX investments.

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OAK BROOK, IL / ACCESSWIRE / February 7, 2023 - OneMind Technologies, a subsidiary of Affluence Corporation (AFFU.PK), announced new product features leveraging Artificial Intelligence (AI) and Machine Learning (ML) to enhance analytics for Smart City decision-making. The announcement was made at the LEAP 2023 Technology Conference in Saudi Arabia, where OneMind showcased its Hypervisor for Digital Cities alongside Orange Business Services (NYSE:ORAN). New functionalities, including an analytical panel for data clustering and monitoring, aim to support city managers with real-time, actionable insights. OneMind is committed to evolving its platform with emerging tech trends.

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Jacobs Douwe Egberts (JDE) has partnered with Orange Business Services to enhance its global connectivity through Flexible SD-WAN, deploying solutions across over 120 locations worldwide. This infrastructure supports JDE's digital transformation and expansion goals by integrating newly acquired teams swiftly, improving user experiences, and ensuring secure access to corporate applications. The collaboration spans across 40 countries, providing managed network security services in data centers located in Amsterdam, Sao Paulo, and Singapore. JDE's Global IT Director highlighted the success of this partnership, which aims to drive future growth.

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Gold Data announced the construction of a US$150 million submarine cable system in the Gulf of Mexico, connecting Miami to major Mexican cities: Mexico City, Cancun, and Queretaro. This project, the first cable landing in Mexico in 22 years, will enhance connectivity with over 250 TBPS capacity. Partnering with leading firms like Orange and Ciena, it aims to reduce latency by up to 35%, addressing growing data demands in Mexico. This investment marks the final phase of Gold Data's network expansion, solidifying its position in the Latin American telecommunications market.

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Norauto, a key automotive service provider in France, has partnered with Orange Business Services to implement a Flexible SD-WAN, enhancing its network infrastructure. Over 380 sites will benefit, with 300 launched in just nine months. This transition aims to boost resilience, security, and user experience through local internet breakouts. New services include cloud-based applications and real-time vehicle maintenance visuals for customers, ultimately transforming customer interactions in Norauto's centers. This initiative supports Norauto's digital transformation and operational agility.

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Veolia Water Technologies has entered into a strategic partnership with Orange Business Services to enhance its Hubgrade digital platform. This collaboration aims to improve the monitoring and analysis capabilities of water treatment facilities, promoting better technical, economic, and environmental performance for customers. Leveraging Orange's extensive expertise in digital solutions, data analytics, and IoT, the partnership focuses on co-innovation projects, including the development of an IoT gateway and machine learning services to optimize water resource management.

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On September 27, 2022, leading European telecom operators, including Deutsche Telekom, Orange, Telefónica, and Vodafone, partnered with MATSUKO to develop a platform enabling holographic calls as straightforward as traditional phone calls. This initiative leverages 5G connectivity and edge computing technology to create immersive 3D holograms using smartphone cameras. The pilot project has successfully addressed previous network challenges, offering a realistic 'one-to-many' holographic experience. The collaboration will further enhance technology for high-quality service and explore broadcasting capabilities.

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Orange Business Services, in partnership with Orange Cyberdefense and Netskope, is launching a new Security Service Edge (SSE) solution within the Orange Telco Cloud Platform. This innovative solution aims to blend optimal performance with top-tier security, empowering enterprises to enhance data protection without compromising on productivity. By integrating Netskope's technology into its network, Orange seeks to offer a comprehensive security solution that adapts to the complexities of hybrid work and evolving security threats.

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Orange Business Services has rebranded its recent acquisitions, Basefarm, Login Consultants, and The unbelievable Machine Company, to strengthen its position as a cloud-centric digital services leader. The acquisitions have contributed to double-digit growth since 2018 and enhanced Orange's cloud capabilities, expanding its team to 2,600 cloud experts. Notably, analysts recognized the company as a leader in various service reports, underscoring its commitment to innovation and customer-centric solutions in digital transformation.

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Orange and Equinix have teamed up to expand the Orange Telco Cloud footprint using Equinix Metal's Bare Metal as a Service. This collaboration aims to speed up the deployment of Orange's New Generation International Network, enabling on-demand Telco Cloud Points of Presence by late 2022 in Amsterdam, Madrid, and Seattle. With an expected latency of under 10 milliseconds, this service will enhance offerings like SD-WAN and 5G roaming. The partnership allows Orange to meet customer demand faster, optimizing operational efficiency while supporting its goal of 100 Telco Cloud PoPs by 2024.

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FAQ

What is the current stock price of Orange (ORAN)?

The current stock price of Orange (ORAN) is $11.15 as of December 17, 2024.

What is the market cap of Orange (ORAN)?

The market cap of Orange (ORAN) is approximately 29.6B.