Airtel not exiting Africa despite talks to sell 4 networks to Orange

Airtel-Orange

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.

4 comments

  1. Err yeah, Bangladesh…

    Airtel has gone through so many permutations, another one would be… BUT, the line that caught my eye was “reducing their debt portfolio”. I’m curious, what did they make – or not make – in the African market in the past year. And what does their debt portfolio look like that they’re looking to sell off their stake in 4 African countries? How does the mobile phone landscape look their that warrants an exit?

  2. I thought Air tel was the 3rd largest MNO globally! Why do they now sound like, em, all those tech companies “shifting focus”…BlackBerry, Microsoft, Jolla…

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