French telecoms operators Orange, Bouygues in tie-up talks

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The companies, two of the four current players in the market, said talks are taking place on Orange buying Bouygues's telecoms arm.

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Two of France's four telecomms operators, Orange and Bouygues, have confirmed reports that they are negotiating a tie-up. In separate statements the two companies said that discussions are taking place on Orange buying the conglomerate's telecoms arm, reports RFI.