French Telecom Giant Orange Negotiating Acquisition Of Bharti Airtel’s African Subsidiaries

French Telecom group Orange may on the verge of acquiring certain of Bharti Airtel’s assets in the African continent. As per a statement by the company, it is in exclusive negotiations to purchase four African subsidiaries from the Indian telecom giant, reports ZDNet.

Orange and Airtel have entered into an exclusive agreement to explore the possible acquisition by Orange of Airtel’s subsidiaries in Burkina Faso, Chad, Congo Brazzaville, and Sierra Leone.

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