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France’s largest telecom operator, Orange, is set to extend ...
AFRICAN NEWS

France’s largest telecom operator, Orange, is set to extend its tentacles to Nigeria

Orange, France’s largest telecommunication operator, may come to Nigeria in months.

Chief Executive Officer, Orange, Stephane Richard, who disclosed the news, said that the firm would make the move in a few months.

He said, “It could make sense to be in economies such as Nigeria and South Africa. If one considers there are things to do, the time frame I am considering is rather a few months than a few years.”

“Orange would also be looking at bolstering partnerships with health companies or institutions,” he added.

Meanwhile, earlier in 2020, Orange had stated that it was bringing its operations in the Middle East and Africa into a single entity, paving the way for a potential listing of the operations that could raise cash to invest in overseas expansion.

Orange now has presence in 18 Middle East and Africa countries.

There are chances that the company may eye payment transfers (mobile) in Nigeria.

That is because it makes the largest chunk of its revenue from payment transfers (Middle East), a key part of the group’s diversification into financial services, and Nigeria, which is the most populous black nation, is always an attraction.

 

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