Orange buys Bharti Airtel operations in Burkina Faso and Sierra Leone

French telecom incumbent Orange has agreed to acquire Bharti Airtel‘s businesses in Burkina Faso and Sierra Leone in a continuation of its expansion strategy in West Africa.

The announcement of the deal comes just a day after Orange said it would enter Liberia with the takeover of Cellcom, that country’s biggest mobile operator, and will further enlarge the company’s regional footprint.

Orange has not disclosed the precise financial terms of its deal with Bharti Airtel Ltd. but says the “outlay” will be equal to 7.9 times the EBITDA of the Burkina Faso and Sierra Leone units for the year ending in March.

Read more: Orange Buys Airtel Ops in Burkina Faso, Sierra Leone | Light Reading

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