press release
Paris, 17 June 2013
Orange's Board of Directors reaffirms its full confidence in Stéphane Richard
The Orange Group's Board of Directors met on 17 June 2013 to hear Stéphane Richard present his situation concerning the CDR-Tapie case and the Chairman of the Governance Committee on the potential consequences of this situation regarding the governance of the Group. The Board has decided to reassert its full confidence in Stéphane Richard and his ability to effectively meet the numerous challenges facing Orange with the same energy as ever in the best interests of the company, its employees, its customers and its shareholders.
In particular, the Board considers that the legal measures affecting Stéphane Richard do not impede his ability to fully and effectively lead Orange as its Chairman and Chief Executive Officer. The Board will continue to ensure this remains the case in the future and has appointed Bernard Dufau, independent board member, to follow the situation.
About Orange
France Telecom-Orange is one of the world's leading telecommunications operators with sales of 43.5 billion euros in 2012 and has 170,000 employees worldwide at 31 March 2013, including 104 000 employees in France. Present in 32 countries, the Group has a total customer base close to 230 million customers at 31 March 2013, including 172 million mobile customers and 15 million broadband internet (ADSL, fibre) customers worldwide. Orange is one of the main European operators for mobile and broadband internet services and, under the brand Orange Business Services, is one of the world leaders in providing telecommunication services to multinational companies.
With its industrial project, "conquests 2015", Orange is simultaneously addressing its employees, customers and shareholders, as well as the society in which the company operates, through a concrete set of action plans. These commitments are expressed through a new vision of human resources for employees; through the deployment of a network infrastructure upon which the Group will build its future growth; through the Group's ambition to offer a superior customer experience thanks in particular to improved quality of service; and through the acceleration of international development.
France Telecom (NYSE:FTE) is listed on NYSE Euronext Paris (compartment A) and on the New York Stock Exchange.
For more information (on the internet and on your mobile): www.orange.com, www.orange-business.com, www.orange-innovation.tv or to follow us on Twitter: @presseorange.
Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.
Press contacts: +33 1 44 44 93 93
Jean-Bernard Orsoni, jeanbernard.orsoni@orange.com
