Orange CEO Stephane Richard Accepts Invite to Visit Israel and Explain Boycott Remarks
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.