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France Telecom's bid for new licence selected by Niger's Government.

Publication: Internet Business News
Date: Friday, November 23 2007

Telecomms company France Telecom has announced that Niger's Government has decided to retain the bid made by the consortium controlled by the company, for the award of a new global fixed-mobile-Internet licence for EUR48m.

France Telecom said it has joined with Mr Mohamed Rissa, a businessman in the country who is specialised in the Internet and telecomms services sector, and Mr Moctar Thiam, a long-standing investor in Orange Mali.

According to France Telecom, the operation is fully in line with its targeted development strategy on high-growth markets, helping to strengthen its presence in West Africa.

The company confirmed it will allow its new subsidiary in Niger to gain from the strength of its Orange brand, the capacity for innovation and the quality of its services. France Telecom is already present in 12 countries in Africa, including five in West Africa.

Niger has a mobile penetration rate of less than 5%, in a country with a growing population of around 13m people, offering significant growth prospects.

((Comments on this story may be sent to info@m2.com))

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Subject: Telecommunications industry
Company: France Telecom S.A.
Product: Telephone Communication, Telecommunication Services, Broadcasting and Telecommunications

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