PARIS: France’s telecommunications giant Orange is in talks to buy its smaller rival Bouygues Telecom, both companies said Tuesday, a move that would consolidate one of Europe’s most competitive telecoms marketplaces.

Orange, which is 20-percent owned by the French state, said it had “renewed preliminary discussions” with the Bouygues group but stressed they were not bound to any timeframe nor committed to “any particular predefined outcome.”

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