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Orange completes acquisition of Airtel in Burkina Faso

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Staff writer ▼ | June 28, 2016
Orange
Acquisition   Airtel is the 2nd largest mobile operator

Orange, together with its subsidiary Orange Côte d’Ivoire, completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso.

Since the signature of an agreement with Bharti Airtel International (Netherlands) in January 2016, Orange has obtained all the official approbations necessary to complete this transaction.

Airtel is the 2nd largest mobile operator in Burkina Faso, with close to 4.6 million customers (on the basis of active customers within a 30-day period).

On the mobile financial services market, Airtel is the uncontested leader and is already interoperable with Orange Money in neighbouring countries allowing international transfers to be made.

Airtel is also positioned as the country’s leading Internet provider thanks to its extensive 3.75G network, which has been rolled out in over 100 towns.

With 18 million inhabitants and a relatively high mobile penetration rate for the region (80% of the population), Burkina Faso becomes the 20th country in Africa and the Middle East to join the Orange group.


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