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June 8, 2015 9:30 am
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Orange CEO Stephane Richard Accepts Invite to Visit Israel and Explain Boycott Remarks

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Orange CEO Stephane Richard accepted Netanyahu's invitation to visit Israel. Photo: Guillaume Paumier via Wikimedia Commons.

Orange CEO Stephane Richard accepted Netanyahu’s invitation to visit Israel. Photo: Guillaume Paumier via Wikimedia Commons.

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.

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