Orange set to sell mobile division in Uganda to Af
Post# of 17650
Posted On: 05/27/2014 9:15:48 PM
Orange set to sell mobile division in Uganda to Africell
Updated Monday, May 19th 2014 at 22:55 GMT +3
French telecoms giant Orange has started a process to sell its operation in Uganda to a Gambia headquartered operator, Africell.
The move brings to a conclusion a strategic review that Orange was undertaking in its Ugandan operation.
The French operator has since the first quarter of this year been undertaking a review of some of its businesses in Africa – including Kenya and the Democratic Republic of Congo (DRC).
There is, however, no word on when it would conclude the review of its Kenyan operation, Telkom Kenya, despite reports it has notified the National Treasury of its plan to sell its shareholding in the operator.
South Africa’s MTN and Vietman’s Viettel are among the firms that have expressed interest in buying Orange’s stake in Telkom Keny
http://www.standardmedia.co.ke/business/artic...o-africell
Updated Monday, May 19th 2014 at 22:55 GMT +3
French telecoms giant Orange has started a process to sell its operation in Uganda to a Gambia headquartered operator, Africell.
The move brings to a conclusion a strategic review that Orange was undertaking in its Ugandan operation.
The French operator has since the first quarter of this year been undertaking a review of some of its businesses in Africa – including Kenya and the Democratic Republic of Congo (DRC).
There is, however, no word on when it would conclude the review of its Kenyan operation, Telkom Kenya, despite reports it has notified the National Treasury of its plan to sell its shareholding in the operator.
South Africa’s MTN and Vietman’s Viettel are among the firms that have expressed interest in buying Orange’s stake in Telkom Keny
http://www.standardmedia.co.ke/business/artic...o-africell
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