Home › Orange sells Uganda business to Africell
 

Keywords :   


Orange sells Uganda business to Africell

2014-05-19 09:09:00| Telecompaper Headlines

(Telecompaper) Orange Group announced that it signed an agreement with Africell Holding for the sale of its majority stake in Orange Uganda. The transaction is subject to approval from the relevant authorities. It will enable the company in Uganda to continue its development, while seeing Orange exit a highly competitive market. Orange Uganda, which was created in 2008, is the third telecoms operator in Uganda and had 620,000 clients at the end of 2013. Africall is already active in Gambia, DRC and Sierra Leone. No financial details of the takeover were disclosed. 

Tags: business orange uganda sells

Category:Telecommunications

Latest from this category

All news
»
07.11Hurricane Rafael Graphics
07.11Hurricane Rafael Forecast Discussion Number 15
07.11Hurricane Rafael Wind Speed Probabilities Number 15
07.11Hurricane Rafael Public Advisory Number 15
07.11Hurricane Rafael Forecast Advisory Number 15
07.11Tropical Depression Fourteen-E Public Advisory Number 4
07.11Summary for Tropical Depression Fourteen-E (EP4/EP142024)
07.11Tropical Depression Fourteen-E Graphics
More »