Bharti Airtel sells Burkina Faso, Sierra Leone biz to Orange

French telecom major Orange has acquired Bharti Airtel’s operations in Burkina Faso and Sierra Leone. The dealwas in the making since July last year when the French company was reported to take over operations of Bharti’s operations in a few African countries.

According to a company statement, Orange will acquire 100% stake in the two companies’ share capital. The size of the deal was not announced. The consolidated revenue of the two companies is around 275 million euros, Bharti Airtel said in a statement. Read Articles