Telecom major Bharti Airtel on Monday entered into an exclusive agreement with Orange to sell its four Airtel subsidiaries in Africa.
The agreement is between Orange and Bharti Airtel International (Netherlands) BV to explore the possible acquisition by Orange of Airtel’s subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone, the company said in a statement.
“There is no certainty of any binding agreement as a result of these discussions,” it said.