France Telecom which trades as Orange and and india’s Bharti Airtel (“Airtel”) have entered an exclusive agreement concerning four Airtel subsidiaries in Africa.
In a joint statement, the two companies said a ”Possible acquisition by Orange of Airtel’s subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone”
There is no certainty of any binding agreement as a result of these discussions.