French telecommunications company, Orange, is in talks with Airtel to explore the possible acquisition of the latter’s subsidiaries in a handful of African countries. The listed countries include: Burkina Faso, Chad, Congo Brazzaville and Sierra Leone.
Apparently, Orange has no interest in Nigeria and the other African countries in which Airtel is active. Aitel is present in a total of 17 African countries, as follows: is available in Bangladesh, Burkina Faso, Chad, Democratic Republic of Congo, Congo Brazzaville, Gabon, Ghana, Kenya, Madagascar, Niger, Nigeria, Rwanda, Seychelles, Sierra Leone, Tanzania, Uganda, and Zambia.
Airtel Africa is a subsidiary of Indian telecommunications company Airtel. Contrary to reports elsewhere, Airtel has denied having any intention to exit the African market, saying that the sale of the four networks, if done, would reduce their debt portfolio.