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Technologies Review | November 16, 2018

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Airtel Nigeria

Orange Telecom Acquires Airtel In Burkina Faso and Sierra Leone

January 30, 2016 |

Recently, Airtel has been coming under a lot of publicity in the business world for some drastic measures being taken to “reinforce their competitiveness in the marketplace.” Only weeks after Airtel Nigeria laid off about one third of its workforce, Orange Telecom has announced that it will be acquiring 100% of Airtel’s shares in Burkina Faso and Sierra Leone, which are currently valued at a grand total of 275 million pounds.

Emeka Opara, the Director of Corporate Communications, Airtel Nigeria said that these measures are being taken to optimize the processes of the company for all of their stakeholders, especially their customers. The negative impact of these measures, such as that on the employees that were fired, is being addressed, and “a robust plan has been put in place to cushion the effect on the impacted employees and ensuring the process is seamless”.

Meanwhile, Orange Telecom … Read More