Tigo mobile acquired by Orange

Image by 123RF

The mobile market in the DRC is undergoing significant growth and is currently the largest mobile market in Central and West Africa, after Nigeria. With a population of more than 80 million people and a relatively low mobile penetration rate of 50% of the population, the country offers considerable growth potential for Orange.

The consolidation of Orange’s and Tigo’s operations in the DRC will enable Orange to strengthen its presence in the country.

Commenting on this agreement, Bruno Mettling, deputy chief executive officer of Orange in charge of operations in Africa and the Middle East, said: “We are extremely happy to announce the completion of the acquisition of Tigo by Orange DRC in a market marked by very strong growth potential. Through this strategic investment, Orange confirms its ambition to reinforce its presence in the Democratic Republic of the Congo and accelerate the conditions in which it can develop its services through this consolidation.”

This acquisition illustrates Orange’s development strategy in Africa where almost one in 10 people are already customers.