Orange: creates a European 'TowerCo'

(CercleFinance.com) - Under its Engage 2025 plan, Orange announces the creation of a European "TowerCo," callled "Totem", to operate first-class passive mobile infrastructure assets.


This company will initially operate a portfolio of premium towers comprising approximately 25,500 sites in France and Spain. The telecom operator will explore the possibility of integrating other European mobile passive infrastructure assets.

Totem will be led by a fully independent and dedicated management team. The framework agreement provides for an initial 15-year contract with Orange, with a tacit renewal of 10 years twice.


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