Orange considers Africa deals in post-pandemic expansion strategy
SA and Nigeria are on French wireless carrier's radar as attractive markets
Orange SA is looking at acquisitions in Africa as a way to expand more aggressively in the wake of the Covid-19 pandemic. The French wireless carrier is striving for a greater geographic footprint and sees SA and Nigeria as attractive markets, CEO Stephane Richard told Les Echos in an interview published on Monday.
The timeline for any deal would be months rather than years, he said. “In recent years, Orange has mostly done organic growth. We need to be more aggressive,” Richard told the French daily newspaper...