Modest Orange dividend overshadows European mobile mast plans
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PARIS (Reuters) - Orange said it planned to carve out its mobile towers in most European countries to shore up the group's value, but the move was overshadowed by the French telecom firm's modest dividend outlook, sending its shares lower.The company is following similar moves by other European firms that are looking to sell mobile networks as infrastructure valuations surge on interest from investors such as U.S. private equity firm KKR and Spain's Cellnex.The infrastructure sale aims to beef..