Orange acquires 100% ownership of MasOrange


Press Release

Posted by Harry Baldock, Orange today announced that it has completed the acquisition of the 50% stake in MasOrange held by Lorca, its joint venture partner in Spain. The Group now owns 100% of the operator’s capital and will fully consolidate MasOrange’s results in its financial statements from going forward.

This transaction follows the signing of a binding agreement with Lorca on 12 December 2025, under which Orange agreed to acquire full ownership of MasOrange for a cash consideration of €4.25 billion. Since then, Orange has obtained all the necessary approvals for the transaction to be completed, including from the European Commission.
A key milestone in the Group’s strategy in Spain

Christel Heydemann, Chief Executive Officer of the Orange group, said: “Acquiring full ownership of MasOrange is a strategic step of our Trust the future plan and strengthens Orange’s position in Spain, our second-largest market in Europe. It paves the way for accelerated industrial, operational and commercial synergies, supporting greater value creation. With full ownership comes full agility, MasOrange can now move at full speed backed by the strength and scale of the Orange group.”

Meinrad Spenger, Chief Executive Officer of MasOrange, added: “By becoming fully part of the Orange group, MasOrange now has an even stronger foundation for future growth. It will allow us to accelerate our momentum in the Spanish market, supported by a greater capacity for investment and innovation as well as global expertise. This is good news for the Spanish consumers, enterprises and public administrations, since we will continue to provide them high-quality and innovative services, while benefiting from the Orange group’s industrial strength and scale to create even more value in Spain.”

As a follow-up to this transaction, Meinrad Spenger will join the Orange group’s Executive Committee. This appointment reflects the strategic importance of Spain for the Group and will further leverage his recognized experience in the telecommunications market and his leadership in advancing MasOrange’s development.

MasOrange is currently the leading operator in the Spanish market by customer base and customer satisfaction. At the end of the first quarter of 2026, it had 26 million mobile customers and 7.1 million fixed broadband customers. MasOrange relies on the most advanced leading fiber and 5G mobile infrastructure, enabling it to provide high-quality connectivity and other innovative services across the country to meet the needs of public administrations, consumer and business customers.After closing, the Group intends to refinance MasOrange financial debt over time. Orange acquires 100% ownership of MasOrange - Total Telecom
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Japan births, fertility rates dropped to record low in 2025: Report

Pedestrians walk across a street in Tokyo, Japan on July 8, 2021. (Christopher Jue/Xinhua/IANS File Photo)

Tokyo, (IANS): The number of babies born in Japan to Japanese citizens in 2025 dropped to a record low of 671,236, while the country's total fertility rate also reduced to a new low, government data revealed on Wednesday, local media reported.

Births in Japan reduced by 2.2 per cent or 14,937 from the previous year, and the fertility rate dropped by 0.01 percentage point to 1.14, both witnessing a decline for the 10th consecutive year. However, the rate slowed in comparison to recent trends, Japan's Ministry of Health, Labour and Welfare revealed in a data, Japan's leading Kyodo News Agency reported. The slow pace of drop in the number of newborns may be due to the stable population of 25 to 35-year-olds who were born around the 1990s.

The number of marriages, a key factor attributable for future birth trends, increased for the second consecutive year to 489,119, with the average age of men getting married at 31.0 while women at 29.7, both down from the previous year.

Meanwhile, 1,589,489 deaths were reported in Japan, down for the first time in five years, as per the data. Deaths outnumbered births by 918,253, marking the 19th straight year of drop in the population.

Earlier in May, government data revealed that child population in Japan has reduced to an estimated 13.29 million as of April 1, showcasing a decline of 350,000 from a year earlier and marking a new record low. The figure has declined for 45th consecutive year.

The ratio of children aged below 15 years dropped 0.3 percentage point to 10.8 per cent of the total population, lowest since comparable data became available in 1950, according to data released by Japan's Ministry of Internal Affairs and Communication, Kyodo News reported.

The figures, including foreign residents, were calculated based on population estimates mentioned in national census conducted every five years.

The decline in population has continued for 45 years despite several measures taken by the Japanese government like increasing financial support for families who are raising a child. In order to address the declining birthrate, the Japanese government has declared the period through 2030 as a "final opportunity to reverse the trend."According to the data, there were 6.81 boys and 6.48 million girls. As many as 3.09 million children were aged between 12-14 years while 2.13 million were zero to two years, showcasing a trend of fewer children being born. Japan births, fertility rates dropped to record low in 2025: Report | MorungExpress | morungexpress.com
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