Orange says SFR lawsuit over fiber optics network coverage dismissed

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/14/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. HTFL
6. SNDK
7. ADYYF
8. WDAY
9. ADYEN:NA
10. DVLT

June 16, 2017 2:45 PM EDT

The logo of French telecom operator Orange is seen on the facade of the Velodrome stadium in Marseille, France, September 30, 2016. REUTERS/Jean-Paul Pelissier

PARIS (Reuters) - French telecom operator Orange said on Friday that rival telecom group SFR had lost a lawsuit against it over fiber optic network coverage, confirming a report on the website of newspaper Le Parisien.

Le Parisien reported that SFR was seeking more than 3 billion euros ($3.36 billion) in damages over access to infrastructure for network coverage. Instead, the court ruled that SFR must pay 300,000 euros to cover the trial costs, Le Parisien said.

A spokesman for Orange confirmed Le Parisien story.

SFR declined to comment. The court could not be immediately reached for comment.

(Reporting by Mathieu Rosemain; Writing by Ingrid Melander. Editing by Jane Merriman)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Merriman Curhan Ford