Millicom sells Tigo DRC to Orange

Orange is acquiring Millicom’s operations in the Democratic Republic of the Congo.

Tigo DRC has over 6 million subscribers. The mobile market in the DRC is undergoing significant growth and is currently the largest mobile market in Central and West Africa after Nigeria with more than 40 million subscribers.

The acquisition will strengthen Orange’s presence in the DRC, positioning it as one of the country’s leading operators. This is in line with its strategy in Africa, which is aimed at developing and maintaining leading competitive positions across its various countries of operations on the continent.

The deal is subject to approval from the regulatory authorities.

Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.