Orange CEO Stephane Richard Accepts Invite to Visit Israel and Explain Boycott Remarks
×
[contact-form-7 404 "Not Found"]
by News Editor
Orange’s CEO Stephane Richard has accepted an invitation from Israeli Prime Minister Benjamin Netanyahu to visit Israel, as he tries to end a diplomatic row sparked by his remarks about ending a licensing deal there.
Israel protested to France after Richard said last week the 25 percent state-owned group planned to terminate an arrangement with Israel’s Partner Communications, and that he would do so “tomorrow morning” if the contracts allowed. Orange later explained the comments as reflecting a broader desire and strategy of not licensing its brand where it was not directly in control of the business.
Read full story at the Economic Times.