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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»News»French Telecoms Group, Orange, to sell business in Niger
    Orange

    French Telecoms Group, Orange, to sell business in Niger

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    By Staff Writer on October 21, 2019 News

    According to Reuters, telecoms group Orange is selling its operational business in Niger. This statement was made by an Orange Niger spokesman, Roni Alhassane.

    Roni said discussions were ongoing with the buyer, Zamani Com S.A.S., to settle debts owed to creditors and unpaid taxes.

    Orange’s operations in Niger have been hit by difficult market conditions. In February, Orange said it was considering all options for the business and that a Niger court appointed an expert earlier this year to examine its situation and support its negotiations with creditors.

    In October last year, the Niger government ordered it to shut all its offices in the country because of a tax dispute. Orange said the government had done so on the basis of a “questionable” claim to 22 billion CFA francs ($38 million) in back taxes

    Orange is currently present in 18 African countries.

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