The operator has launched a new Tower Company to leverage mobile infrastructure EU-wide.
Orange has announced new business capabilities which have enabled it to strengthen its presence as a leading telecommunications company in Europe. The tech giant has launched TOTEM, its European TowerCo.
TOTEM is wholly owned by Orange SA.. Its creation will allow Orange to strengthen its position as a manager and operator of passive mobile infrastructure, the company says. This will also allow Orange to benefit from new sources of growth. Its management and operation will be completely independent following the transfer of all key passive mobile infrastructure assets to TOTEM. These include sites, land, leases and leases to third-parties.
Stéphane Richard, Chairman and CEO of Orange, said: “TOTEM’s operational launch is an important milestone in our European infrastructure strategy. The creation of this entity will allow us to derive value from our passive mobile infrastructure, for which we have exceptional operational expertise. By opening up these assets to other operators, we will optimise its use. We are determined to support TOTEM on both a strategic and financial level, to make it an undisputed leader on the European market and to keep control of this strategic asset as part of a long-term industrial vision. By retaining control of our infrastructure, we have made a crucial decision for our future growth.”
A very European project
TOTEM aims to become a leader on the European TowerCo market.
As of November 1, 2021, TOTEM’s passive mobile infrastructure portfolio includes over 26,000 sites in France and Spain. These are the two largest countries where Orange is present. TOTEM France will manage 18,500 macro-sites. These will have a mix of 58% tower sites, 30% flat roofs and 12% in other locations. TOTEM Spain will manage 7,900 macro-sites, distributed equally between tower sites and flat roofs.
At launch, TOTEM has around 100 employees in France. These are based in seven cities: Lille, Nantes, Toulouse, Marseille, Paris, Lyon, Donges. The company has around 50 employees in Spain based in eight cities and approximately 20 people working for TOTEM.
After France and Spain, TOTEM will look at other European passive mobile infrastructure assets from Orange which could create value.
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