Orange would consider buying TDF to win its 19,000 telecom towers, according to The Express. These poles and pylons house the mobile antennas or the overhead cables of the operators’ fixed network. And they are now worth gold, valued by investment funds and coveted by Tower Co, these companies specializing in passive infrastructure.
Unlike its competitors, Orange has not sold its assets. He even created his own Tower Co, Totem, which should be operational before the end of the year. And he intends to keep it. Always after The Express, its ambitions would even be to become a European leader in this field.
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A major audiovisual broadcaster
TDF was valued at 5.9 billion euros in 2019. The problem is that the group is not only a passive infrastructure operator. It also deploys, operates and markets optical fiber in certain territories, which could duplicate Orange’s strike force in this area. TDF is finally a major and essential broadcaster in charge of nothing less than TNT and French radio stations. But the growth prospects for this sector are not bright. The scenario of a cut-to-size sale is also possible, so that Orange does not resume all of its activities.
TDF was a subsidiary of France Telecom from 1989 to 2005. Its acquisition by Orange would sound like a repeat of history.