Orange: finalises sale of Orange Niger
(CercleFinance.com) - Pursuant to the agreement signed last August, and following the approval by the competent authorities, Orange announces that it has finalised the sale of its entire 95.
5% stake in Orange Niger to Zamani Com.
The value of this sale remains confidential. The company's services will continue to be marketed under the Orange brand during a transition period. The Africa and Middle East region remains a strategic priority for the group.
"The market environment in Niger has led Orange to make this decision responsibly, prioritising business continuity for the benefit of the company's customers and protecting the interests of the women and men working at Orange Niger," it explained.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% stake in Orange Niger to Zamani Com.
The value of this sale remains confidential. The company's services will continue to be marketed under the Orange brand during a transition period. The Africa and Middle East region remains a strategic priority for the group.
"The market environment in Niger has led Orange to make this decision responsibly, prioritising business continuity for the benefit of the company's customers and protecting the interests of the women and men working at Orange Niger," it explained.
Copyright (c) 2019 CercleFinance.com. All rights reserved.