-Orange confirms intention to buy stake in Skyblogs

Internet Business News
05-04-2011
-Orange confirms intention to buy stake in Skyblogs

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

4 May 2011 - French mobile operator Orange, a unit of France Telecom (EPA:FTE), has confirmed it is studying the possibility to buy a stake in Skyblogs, the blogging platform of local radio Skyrock.
Yesterday, Gervais Pelissier, the financial director of France Telecom, told Radio Classique that Orange is interested in buying a minority stake in Skyblogs.

Orange has previously invested in a number of websites. In 2009, the mobile operator bought a stake in music platform Deezer, while at a later stage the company acquired 49% in video-sharing website Dailymotion.

In addition, Orange hosts the website orange.fr which counts on a sizable audience.

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(Copyright M2 Communications, 2011)