France Télécom
• Up to 1988, France Télécom was known as the Direction Générale des Télécommunications, a division
of the Ministry of Posts and Telecommunications.
• It was privatized by Lionel Jospin's government in 1998
• In 1999, Mannesmann AG of Germany acquired Orange plc
• At the same time, Mannesmann itself was bought by Vodafone, a deal approved
by the European Commission on the condition that Vodafone divest Orange.
• In August 2000, France Télécom acquired Orange from Vodafone for € 36 billion
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