Orange completes 100% acquisition of Tigo DRC

Mergers, Acquisitions and Financial Results

France-based Orange Group has announced it has completed the acquisition of 100% of Millicom International Cellular’s (MIC’s) Tigo subsidiary in the Democratic Republic of Congo (DRC). Bruno Mettling, Deputy CEO of Orange in charge of Operations in Africa and the Middle East, commented: ‘We are extremely happy to announce the completion of the acquisition of Tigo by Orange DRC in a market marked by very strong growth potential. Through this strategic investment, Orange confirms its ambition to reinforce its presence in the DRC and accelerate the conditions in which it can develop its services through this consolidation.’