Cases & Deals

France Télécom acquires Amena for $7.7 billion

Client(s) France Télécom S.A.

Jones Day advised France Télécom S.A. (FT) in its $7.7 billion acquisition, via subsidiary Orange, S.A., of 80% of the shares of Auna Operadores de Telecomunicaciones S.A. (Auna). Auna owned Amena, the third biggest mobile telecom operator in Spain. The deal put FT in a position to offer bundled telecommunications services in a key European market with close to 10 million additional customers, and as a result FT is the second largest telecommunications operator in Spain.

Financial News, Europe's leading capital markets/M&A news service, selected this transaction as The European M&A Deal of the Year in its 2005 Awards of Excellence.