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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 has reported its first-half results for 2021, detailing a turnover of €42.3 billion in 2020 and a customer base of 263 million globally as of June 30, 2021. The company's Chairman and CEO, Stéphane Richard, discussed key topics including second quarter highlights, EBITDAaL updates, infrastructure developments, and growth drivers. Orange operates in 26 countries and employs 139,000 people, focusing on innovation through data and AI as part of its 'Engage 2025' strategy. The company is listed on Euronext Paris under symbol ORA and on the NYSE under symbol ORAN.

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Orange and SES Networks have expanded their partnership to enhance maritime connectivity services. This collaboration enables Orange's maritime customers to access higher-capacity satellite connectivity, integrating their global infrastructure with SES's Skala Global Platform. This service aims to support the maritime industry's digital transformation by enabling the implementation of IoT and AI technologies. The partnership strengthens Orange's position in the maritime sector, enabling seamless broadband services worldwide, catering to both developed markets and hard-to-reach areas.

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Glovo, a Barcelona-based delivery service start-up, has partnered with Orange Business Services to enhance its global expansion through comprehensive contact center and telephony services. Operating in 20 countries, Glovo aims to facilitate convenient deliveries within 30 minutes via its app. Orange's cloud-based digital voice services allow Glovo to streamline international operations, manage over a million calls monthly, and achieve up to 40% savings on voice costs. This partnership is pivotal for Glovo’s growth strategy, helping them quickly enter new markets while optimizing costs.

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Brunel has partnered with Orange Business Services to implement a co-managed SD-WAN solution using Cisco Meraki. This transition aims to enhance Brunel's global network, providing secure, efficient cloud-centric access that promotes business growth. The SD-WAN will streamline WAN operations and decrease costs by approximately 30% compared to traditional MPLS systems. The service integrates with Microsoft Azure Public Cloud, facilitating collaboration for Brunel's employees worldwide while ensuring scalable network management.

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Raspadskaya, a Russian coal mining company, has implemented a bespoke IoT solution from Orange Business Services at its coal preparation factory. This initiative aims to minimize the risk of mixing different coal grades, which can compromise product quality. The system employs telemetry sensors and real-time tracking to ensure correct unloading of coal, significantly automating processes and reducing human error. The project enhances operational efficiency and lowers costs by streamlining coal handling at Raspadskaya’s large warehouse.

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RS Components has selected Orange Business Services as its sole end-to-end managed services provider, undertaking a significant transformation of its global infrastructure. This initiative aims to digitize sales processes and migrate contact center functions to the cloud. Key components include upgrading to SD-WAN and enhancing telephony, fostering agility and regulatory compliance. This integration underpins RS's digital transformation strategy, enabling operations across 32 countries and ensuring a streamlined customer experience. The collaboration aims to modernize RS’s capabilities while maintaining competitive advantages in the market.

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Orange Business Services has been named a preferred partner by GÉANT for the Open Clouds for Research Environments (OCRE) project, aimed at boosting cloud adoption within European research. This partnership will allow Orange to market public cloud services to National Research Education Networks (NREN) and over 8,000 institutions, benefiting around 50 million users. The project focuses on enhancing security and collaboration through Orange's Flexible Engine platform, which is also set to integrate with the GAIA-X ecosystem, promoting a unified European data infrastructure.

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Amcor has advanced its operational efficiency by consolidating corporate applications into a hybrid cloud environment alongside an upgrade of its enterprise resource planning (ERP) tools. Partnering with Orange Business Services, Amcor aims to enhance application reliability and security through a fully managed hybrid cloud solution. This integration supports SAP HANA and allows effective workload management, ensuring business continuity and operational efficiency. The hybrid cloud also optimizes Amcor's existing network infrastructure to manage increasing internet traffic.

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KONE has enhanced its partnership with Orange Business Services by migrating its global contact center solution to the cloud. This move aims to improve user experience and streamline customer support worldwide. The transition to cloud infrastructure provides benefits such as scalability, flexible omnichannel capabilities, and enhanced security. KONE will have five contact center hubs globally, covering 35 sites across all continents. This digital transformation is expected to optimize customer support services and foster future innovation.

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Orange Business Services is set to design and build a new data center to support cloud services for Egypt’s New Administrative Capital. Collaborating with Orange Egypt, appointed as the prime contractor, the project aims to enhance ICT infrastructure in the new city, which is expected to host eight million residents. The data center will provide secure services for smart traffic, utilities management, and innovative solutions, with an investment of over $135 million. Operations are scheduled to commence in the first half of 2021.

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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.