Here is why Orange Group reached an agreement with Altice for the disposal of Orange Dominicana.

Orange is widely indebted; therefore this agreement with Altice for the disposal of Orange Dominicana represents a new breath for this company. This also means the optimization of Orange's assets portfolio as announced in 2011.

For those who unfamiliar, Orange Dominicana was established in 2000 and the company posted revenues of DOP 22.8 billion (EUR 451 million) in 2012 and had 3.4

million subscribers at the end of September 2013.

Pending the approval of the Dominican Republic’s competent authorities, the Orange Group Altice has sold 100% of Orange Dominicana S.A., its subsidiary in the Dominican Republic. The parties agreed on an Enterprise Value of USD1.435 billion (EUR 1.1 billion).