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Sheldon Adelson

French telecom exec says company wants to keep investing in Israel

French telecom exec says company wants to keep investing in Israel

A week after comments that incensed Israel, the chief executive of the French telecom company Orange met with Prime Minister Benjamin Netanyahu in Jerusalem to ease a fierce political and diplomatic row and to promise continued investment in Israel. When Stephane Richard said in Cairo last week that his company would pull the Orange brand from Israel “tomorrow” if it could resolve related legal and financial restrictions, Israeli officials slammed the potential move as part of an international boycott of their nation. Netanyahu demanded that the French government “repudiate the miserable statement” of the top executive and instructed the Israeli ambassador in...

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