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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.

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