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

Read More........ → June 15, 2026

Samsung Strikes Deal with Workers for Profit Sharing in Company's Trillion Dollar Slice of the AI Pie

Samsung Electronics Executive Vice President Yeo Myung-gu, left, and Samsung Electronics labor unions leader Choi Seung-ho sign a wage agreement – credit, Samsung, released

Following eye-watering Q1 performance, some 48,000 of Samsung’s semiconductor division workers are set to receive a new profit-sharing-style bonus structure that will give a bigger slice of the AI pie to those making baking it.

Samsung’s compensation package was among the country’s most generous, as the tech giant accounts for a staggering 16% of national GDP. But after last month’s Q1 revenues rose over 800%, exceeding the entirety of fiscal year 2025, 40% of Samsung’s South Korea-based staff were poised to go on strike for better terms.

The issue was resolved quickly and a preliminary agreement was reached between Samsung’s largest labor union and the company which saw the staff return to work Monday morning, and the company’s shares surge 7%.

Roughly 75% of the 62,000 unionized workers backed the preliminary deal that would see an end to the cap on bonuses of 50% of annual pay, and in its place the commitment to allocate 10.5% of operating profits from its semiconductor division to worker bonuses.

Well, the semiconductor division accounted for 94% of total operating profit in the quarter, amounting to $35.8 billion, 10.5% of which divided 48,000 striking workers would equate to around $78,000 for just this quarter alone. Multiplied by 4, a worker’s slice of the AI boom would amount to $312,000.

Samsung is the country’s largest company at over $1 trillion in market cap, and it’s also the largest semiconductor manufacturer. The standoff came 8 months after the second-largest semiconductor producer, SK Hynix, improved its own bonus terms to its employees.

“The semiconductor industry is now facing a war to secure global talent,” Samsung’s union said in a statement last month. “SK Hynix has already revised its compensation structure to retain talent, while foreign companies are luring our engineers with exceptional offers.”

Samsung and SK Hynix are direct beneficiaries of the global AI boom (or bubble, as some might say), as the wafer-thin processors are needed to supply the computing power to run the AI tools which can be found all throughout our society from E-commerce to hospitals to the front lines of the war in Ukraine.

The strike threatened to so thoroughly derail global semiconductor production that the Korean Prime Minister Kim Min-seok made mention of it on Sunday.

“Any disruption to Samsung’s semiconductor production would go far beyond losses for a single corporate group, leaving deep scars across the national economy,” said the Prime Minister, whose government actually helped step in and mediate the deal.“The agreement came later than expected,” Samsung said in a Wednesday statement. “We will work to build a more mature and constructive labor management relationship so that such a situation does not happen again.” Samsung Strikes Deal with Workers for Profit Sharing in Company's Trillion Dollar Slice of the AI Pie

Read More........ → May 29, 2026

Telstra and Ericsson team up to target 6G

Posted by Harry Baldock | News: The agreement spans various aspects of 6G research, including trips to both parties’ research centres

Telstra and Ericsson have signed a letter of intent to collaborate on 6G research.

The agreement will see the companies collaborate on the research, standards development, and real-world testing of 6G technology,

It also includes mutual site visitations, with Telstra engineers visiting Ericsson’s testbed in Sweden, and Ericsson staff travelling to Telstra’s Innovation Centre on the Gold Coast.

Further details on the partnership were sparse, but both partners emphasised the role AI had to play in making 6G networks more intelligent and more customisable for customers. This feature is, in fact, a key element of Telstra’s Connected Future 30 strategy, which aims to allow customers to purchase configurable connectivity services at individual prices.

“Mobile connectivity has been one of the most powerful economic engines of modern Australia. As the first G which is AI-native, 6G will be the most intelligent network yet – capable of advanced network connectivity, and new Network as a Product innovations such as the ability to sense the environment around the network. The latter opens the potential for new use cases for public safety, agriculture, weather detection and more,” said Shailin Sehgal, Telstra Group Executive of Global Networks & Technology.

“We are on a clear and exciting trajectory – from 5G Standalone today, to AI-powered 5G and autonomous networks, towards AI-native 6G that is meeting the evolving and future business needs,” added Erik Ekudden, Ericsson Chief Technology Officer. “6G will redefine what a network fundamentally is – not just an AI-native technology platform, but a platform that senses, adapts and orchestrates resources to deliver outcomes for enterprises and society at scale; simply an intelligent fabric.”

This type of partnership is largely to be expected, with Ericsson having been Telstra’s primary RAN partner for many years. The companies made similar agreements during the early days of the 5G era, though these were often based around delivering greater speeds.Today, Ericsson and Telstra’s focus has increasingly shifted away from pure speeds and towards the benefits of AI integration and network optimisation. It seems likely that their initial joint research on 6G will follow that same path. Telstra and Ericsson team up to target 6G - Total Telecom

Read More........ → May 28, 2026