(MENAFN- AFP) Europe's main stock markets steadied at the start of trading on Wednesday, with London's benchmark FTSE 100 index down 0.06 percent to 6,798.65 points.Frankfurt's DAX 30 rose 0.11 percent to 9,913.00 points, while in Paris the CAC 40 index nudged 0.01 percent lower to 4,460.62 compared with Tuesday's closing level.In Paris, telecom shares fell sharply after Orange said it had decided not to play a role in consolidating the French telecoms market, with the effect that it would not buy its French rival Bouygues Telecom.Bouygues Telecom is in difficulties since losing out to Numericable in a bidding competition for SFR, and had its eyes on a deal first with Iliad and then with Orange. Bouygues was also interested in Virgin Mobile which was also acquired this week by Numericable.
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