France Telecom-Orange acquiring 100% of Congo Chine Telecom (CCT)

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In a two way deal, France Telecom-Orange (FTO) is buying 100 percent of Congo Chine Telecom (CCT), a mobile operator in the Democratic Republic of the Congo.

FTO is paying $10 million for ZTE’s 51 percent share of CCT’s equity and $7 million to the Democratic Republic of the Congo for the government […]