France’s Orange withdraws from process to buy stake in Ethio Telecom 

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Reuters was first to report that French telecoms firm Orange (ORAN.PA) told Reuters on Monday that it had decided to withdraw from the process to purchase an up to 45% stake in Ethiopian operator Ethio Telecom. Orange submitted an expression of interest in 2021 to participate in the partial privatisation of Ethio Telecom, a former monopoly with more than 70 million subscribers.  

The post France’s Orange withdraws from process to buy stake in Ethio Telecom  appeared first on Reuters News Agency.

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