The chief executive of French telecom group Orange said on Thursday that there was urgent need to consolidate the local mobile market and that movement could come in the coming weeks. It is urgent after the deal that was signed between SFR and Numericable, said Stephane Richard in an interview with French radio BFM on Wednesday. Orange recently acknowledged that it was examining what role it could play in such deal-making, and sources earlier told Reuters that it has held informal talks with third-place mobile operator Bouygues Telecom . Frances economy minister also confirmed last week that Orange and Bouygues were in talks.
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