Orange signs agreement for the sale of its stake in Telkom Kenya
The finalisation of the transaction remains subject to approval from the relevant authorities.
This signature reflects Orange's constant focus on optimising its portfolio of assets. The Africa and Middle-East region is a strategic priority for the group.
Telkom Kenya is the country's incumbent fixed-line operator and is the third player in the mobile market. The company, which operates a high-quality mobile data network, had four million mobile customers at the end of June 2015 according to figures published by the regulator.
For more information, visit www.orange.com
Distributed by APO (African Press Organization) on behalf of Orange.
Source: African Press Organisation
APO is the sole press release wire in Africa, and the global leader in media relations related to Africa. With headquarters in Dakar, Senegal, APO owns a media database of over 150,000 contacts and the main Africa-related news online community.
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