1. Orange to spin off its European towers in a strategic shift. 2. This move will enable a stronger focus on services to support revenue. 3. Orange is the latest European operator to have opted for this strategy, opening up opportunities for tower specialists and equity funds. Orange has announced its new five-year strategic plan to 2025, which envisages major changes for the management of its physical assets. The France-based telco will create several different towercos across its European markets, which could be consolidated into one, pan-European entity at a later stage. Orange’s decision marks the latest development in the European telecoms tower market, although such an announcement does not come as a surprise, as other major European telcos have decided to follow this same path.
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