Orange mulls options for Niger unit

1 March 2019

Mergers, Acquisitions and Financial Results

French telecoms firm Orange Group says it is considering all options for its Niger mobile unit, including finding a partner for the division. Reuters cites a statement from Orange as saying that a Niger court has appointed an expert to examine its situation and support its negotiations with creditors.

Late last year Orange Niger was ordered by the government to shut all of its offices in the West African country because of a tax dispute. In January 2019 the cellco reportedly reached an agreement to settle part of the XOF22 billion (USD38.2 million) in back taxes it was ordered to pay and its offices were reopened.
Source: Reuters