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Orange România
Orange România is a broadband internet service, Internet service provider and mobile provider in Romania. It is Romania's largest GSM network operator which is majority owned by Orange S.A. that also uses some of the Telekom Romania Mobile, Telekom Romania infrastructure, the biggest initial investor, who gradually increased its ownership. Between 1997 and April 2002, the company was named Mobil Rom, operated under two brand names Dialog (for monthly subscription plans, in Romanian means "dialogue") and Alo"Alo" is the word used to greet people over the phone in Romanian (for prepay services). In April 2002, after Orange S.A., France Télécom gained a majority stake it was re-branded to comply with the group's global strategy. As of December 2012, Orange Romania has 10.3 million mobile subscribers. Orange is in head-to-head competition with Vodafone Romania for one of the most dynamic mobile telephony markets in south eastern Europe. Currently the mobile penetration is at abou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |