03 July 2024

According to Bloomberg, Orange SA plans to sell the 40% stake it holds in Mauritius Telecom because the asset is no longer considered strategic. The potential sale comes as part of Orange’s strategic realignment to concentrate on its core assets and divesting non-core holdings.

The company has discussed its potential exit plan with advisors but has yet to formally speak with the incumbent’s board of directors. A decision could be made in November.