(FILES) A photo shows the logo of French telecommunications corporation Orange during the 10th International Cybersecurity Forum in Lille on January 23, 2018. French telecoms giant Orange announced on October 31, 2025 the launch of the process to acquire Spanish operator MasOrange, which owns 50% on equal with Lorca, for the sum of 4.25 billion euros. (Photo by PHILIPPE HUGUEN / AFP) (Photo by PHILIPPE HUGUEN/AFP via Getty Images)