The two companies have revived talks on a merger though “Orange said there was no time limit”:http://www.orange.com/en/Press-and-medias/press-releases-2016/Orange-confirms-renewed-discussions-with-the-Bouygues-Group on them and no commitment to any particular outcome adding it was exploring the French telecoms market.
In a separate statement “Bouygues said it had signed a confidential agreement with Orange”:https://www.bouygues.com/wp-content/uploads/2016/01/cp_bouygues_05012016_va.pdf and that preliminary discussions had started to look at possible options.
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