PARIS -- After in-depth discussions, the Board of Directors of Orange has concluded that an agreement regarding a possible consolidation with Bouygues Telecom has not been reached.

The decision has therefore been taken to end the discussions with Bouygues that have been ongoing since 5 January 2016.

Continuing its strong dynamic, Orange will pursue the deployment of its strategic plan, launched in 2015, that is focused on investment in very high-speed broadband networks and providing an unmatched customer experience. The Group confirms all of its financial objectives.

Orange (NYSE: FTE)