Orange weighs Globecast sale to Verdoso with year-end target

Orange gave investment fund Verdoso first refusal on its Globecast media services business in March 2026 as the companies explore a sale. Orange said it hopes to complete any transaction by the end of 2026.

Orange said Verdoso could provide the financial backing Globecast needs to deploy next-generation packages and remain competitive. Orange also said it would discuss the potential sale with staff representatives. Globecast has operated for 24 years and provides services to TV channels, rights holders and platform providers using satellite, fibre and IP, supported by a worldwide network of teleports and operations centres.

The possible Globecast sale fits into Orange's broader effort to monetize infrastructure under its five-year strategy. Orange said Globecast has supported major events including the Olympic Games in Paris in 2024, the Tour de France and a G7 summit, showing the unit's role in media distribution rather than core consumer mobile eSIM activity.