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Global: Airtel in talks to sell its four African subsidiaries

Bharti Airtel is in talks with Orange S. A., a French multinational telecommunications corporation to sell fours of its African subsidiaries at Burkina Faso, Chad, Congo Brazzaville and Sierra Leone, all non-English speaking markets in Africa. The decision to sell arises from the consecutive decline in sales the subsidiaries contributed to the company’s consolidated revenue. According to reports, the four countries together have contributed about $650-660 million to Airtel Africa’s… Read More

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