Orange weighs Globecast sale to Verdoso with year-end target
- Orange gave investment fund Verdoso first refusal on its Globecast media services business as the companies explore a sale.
- Orange said it hopes to complete any sale by the end of 2026.
- Globecast provides broadcaster services using satellite, fibre and IP, and Orange said it will discuss the potential sale with staff representatives.
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.
Related Questions
- Is Orange selling Globecast?
- Possibly. Orange said it gave Verdoso first refusal on Globecast and is exploring a sale that it hopes to complete by the end of 2026.
- What does Globecast do?
- Globecast provides media services for broadcasters. Orange said the business uses satellite, fibre and IP, plus a worldwide network of teleports and operations centres, to help TV channels, rights holders and platform providers distribute content.
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