When your valuation multiples are closer to your competitors, it gives you more flexibility in expansion opportunities because you can pay for deals in share and cash. Ramon Fernandez More Quotes by Ramon Fernandez More Quotes From Ramon Fernandez In France there's no room for four operators ... This is an industry that needs a lot of capital, you need to invest a lot to roll out next generation networks. Ramon Fernandez business There is no urgency for us for this scenario of consolidation to materialize, our position is to say that the door is always open to potential discussions. Ramon Fernandez business The previous scenario under which Orange was in the driving seat is very, very unlikely (to repeat itself), that said, there's always room in a car for several passengers, so we'll have to see if at some stage we should take one of those seats. Ramon Fernandez business
