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Orange in talks to buy Millicom Africa ops 

French telco looking at assets in Senegal, Ghana and Chad, sources say.
Orange is reportedly holding talks with Millicom with a view to acquiring some of its assets in Africa.
Two unnamed sources told Bloomberg that the telcos are at this stage taking part in informal discussions.

Orange is interested in Millicom's operations in Senegal, Ghana and Chad, the sources said, adding that the French firm is also interested in new opportunities in East Africa.

There has been no official comment from either party.
The report comes a month after Orange closed the acquisition of Millicom's mobile operation in the Democratic Republic of Congo, boosting its existing presence in the country.

Millicom said the deal was consistent with its strategy of focusing on its strongest markets, allowing it to invest in its other African operations and those in Latin America. It did not provide details on which it believes its strongest African markets to be.

Bloomberg's sources suggested Millicom is looking to offload its assets in western and central Africa, while maintaining its networks in the east of the continent, namely Tanzania and Rwanda.
Orange is keen to grow and develop its business in the Middle East and Africa. Last year it set up a new holding company, Orange Middle East and Africa (OMEA), through which it will drive its ambitions in the region. And in April it added Liberia to its footprint, with the acquisition of Cellcom.

Source: Total Telecom