Wednesday, 22 November 2017

Orange splits out Mid East and Africa ops, may attract investors

By Mary Lennighan, Total Telecom
Friday 03 July 15

Telco group looking for consolidation opportunities in the region; aims to boost revenues by 20% through 2018.

Orange this week announced the creation of a new legal entity that will house its operations in the Middle East and Africa and indicated that it could look to welcome strategic or financial investors in the unit, and did not rule out the possibility of a flotation. "We do not prejudge what we will do with the benefits of this legal structure…

Orange this week announced the creation of a new legal entity that will house its operations in the Middle East and Africa and indicated that it could look to welcome strategic or financial investors in the unit, and did not rule out the possibility of a flotation. "We do not prejudge what we will do with the benefits of this legal structure…

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