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Announced

Completed

Zamani completed the acquisition of Orange's arm in Niger.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For96%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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iptv

Acquisition

Single Bidder

digital tv

Completed

Mobile

mobile phones

Majority

Niger

Friendly

Private

Synopsis

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Zamani completed the acquisition of the Niger arm of Orange, France’s biggest telecoms company​. Financial terms were not disclosed. The company’s services will continue to be marketed under the Orange brand during a transition period. Africa and Middle East region remains a strategic priority for the Orange Group. However, the market environment in Niger has led Orange to make this decision responsibly, prioritizing business continuity for the benefit of the company’s customers and protecting the interests of the women and men working at Orange Niger

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