Two companies in the running to acquire Orange Niger, report says

11 Jun 2019

Two companies – Telecel-RCA and Rimbo Holding, owned by businessman Mohamed Rhissa Ali – are allegedly in the running to acquire Orange Niger, according to Confidentiel Afrique. The report adds that Maroc Telecom is no longer in the process, with a final decision on the buyer expected to be announced to shareholders and strategic partners before 12 June. Earlier this year French telecoms firm Orange Group said it was considering all options for its Niger mobile unit and a local court had 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 million) in back taxes it was ordered to pay and its offices were reopened.

Niger, Maroc Telecom (IAM), Orange Group, Telecel-RCA (Centrafrique), Zamani Telecom (formerly Orange Niger)