Video-sharing website Dailymotion, owned by French telecoms operator Orange, is close to signing a partnership in the United States and is working on another in Asia to help it to take on market leader YouTube . "There is a nice probability for us to come to an agreement in the coming weeks for the U.S. market," said Orange Chief Executive Stephane Richard at the Le Web technology conference in Paris on Wednesday.Though he did not name the companies, Richard said the potential U.S. partner is "a major player" in the digital economy and described the Asian company as "a significant regional operator".Orange had been in talks with United States-based web portal Yahoo this year to sell a 75 percent stake in Dailymotion, but the deal foundered in May after France's industry minister slammed the idea of one of the country's most visible start-ups being "devoured" by Americans.The French state owns 28.4 percent of Orange, so it has some sway over the group's actions and management.
Orange SA, formerly France Telecom SA, is a France-based company that is engaged, principally, in the provision of integrated telecommunications services. Shares of ORAN fell by 0.83% or $-0.1/share to $12.02. In the past year, the shares have traded as low as $9.10 and as high as $14.68. On average, 888591 shares of ORAN exchange hands on a given day and today's volume is recorded at 59615.
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