Orange secures loan to upgrade networks, roll out 4G

1 Sep 2020

Orange Niger, which was acquired by Zamani Com in November last year, has secured a loan of XOF31 billion (USD56.3 million) from Coris Bank Niger to fund the modernisation and expansion of its networks. In addition, the cellco plans to acquire a 4G licence and deploy LTE and LTE-A services by the end of this year.

‘This important financing agreement with Coris Bank International once again reflects the strength of our recovery plan put in place since the takeover of Orange Niger by Zamani Com in November 2019, and which is already reflected in significant growth in all of our indicators,’ commented Orange Niger’s CEO Souleymane Diallo, adding: ‘Our objective is clear, we want to be the digital operator of reference in Niger, and that means upgrading your network with the very latest technologies. We will now get down to modernising the network in the next three months, before proceeding with the launch of our new brand.’