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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 5 days · First seen · Last updated

Orange negotiations for Telecel Ghana stake

Overview

Orange is engaged in negotiations to acquire a 70% controlling stake in Telecel Ghana, a move intended to expand its presence in Anglophone Africa. The transaction is estimated to cost approximately 500 million euros and would grant the company access to nearly 9 million new customers. The Ghanaian government currently holds a 30% minority stake, and the sale is contingent upon approval from local authorities.

Parallel to these acquisition talks, Orange has reported strong financial performance in other regions. Orange Côte d’Ivoire saw an 18.3% increase in net profit for the first half of 2026, with consolidated revenue rising 16.1% year-on-year. This growth was attributed to mobile data, fiber optics, voice traffic, and mobile financial services.

Entities

Telecel Ghana · Orange · Telecel Group · Government of Ghana · Orange Côte d’Ivoire

Timeline

  1. [BUSINESS] 2 sources
    Orange reports profit growth and pursues Telecel Ghana stake

    Orange Côte d’Ivoire reported an 18.3% rise in H1 2026 net profit, driven by data and mobile finance. Meanwhile, Orange is in talks to acquire a 70% stake in Telecel Ghana.

  2. [BUSINESS] 2 sources
    Orange negotiates acquisition of 70% stake in Telecel Ghana

    French telecommunications group Orange is negotiating to acquire 70% of Telecel Ghana for an estimated 500 million euros to expand its presence in Anglophone Africa.

Sources

brandspurng.com · emarketerz.fr · financesao.com · sikafinance.com