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Wireless

Orange eyes Airtel's African assets - report

Thursday 5 February 2015 | 10:42 CET | News
Orange has explored purchasing some assets in Africa including ones owned by Indian operator Bharti Airtel, as the company seeks to strengthen its business in Africa, Bloomberg reported, citing people familiar with the matter. While no deal is imminent, Orange may consider merging its African assets with those of Airtel, thereby completing the creation of "Orange Africa" - a new entity that will group all its emerging market operations into a single unit, Bloomberg said. However, Orange is less interested in Airtel's assets in English-speaking African countries. Orange is also reportedly

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Categories: Mobile & Wireless
Companies: Bharti Airtel / Millicom / Orange
Countries: Africa
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