The Orange Group announced that it has signed an agreement with Helios Investment Partners for the sale of its entire 70% stake in Telkom Kenya. The Africa and Middle-East region is nevertheless a strategic priority for the Group and the divestment comes as part of the French Operator's move to maintain its businesses' position in the region in the 'top two' league across the markets where it operates.
Telkom Kenya is the country’s incumbent fixed-line operator and is the third player in the mobile market. The company, which operates a high-quality mobile data network, had four million mobile customers at the end of June 2015.
