French telecoms group Orange said on Monday it had entered an exclusive agreement with Bharti Airtel about buying the Indian group's subsidiaries in four African countries.
Company in talks to buy four African businesses from Bharti Airtel
There is no certainty of any binding agreement as a result of these discussions," Orange said in a statement.
A woman walks past an Orange shop in Madrid, September 16, 2014. REUTERS/Andrea Comas
Orange said that the agreement covered Bharti Airtel's subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone.
"There is no certainty of any binding agreement as a result of these discussions," Orange said in a statement.
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