Liberian president lauds telecom giant’s acquisition proposal

Liberian President Ellen Johnson Sirleaf has welcomed the proposal of Orange, through its subsidiary Orange Côte d'Ivoire, in acquiring 100 percent the Cellcom-Liberia subsidiary.

Ellen Johnson Sirleaf
Ellen Johnson Sirleaf

“We want to see this investment. We want to see you expand telecommunication services to our population and inter connectivity to our neighboring countries as well as the world,” the president said in a statement made available to Xinhua in Monrovia, the nation’s capital.

Ellen Johnson Sirleaf
Ellen Johnson Sirleaf
She added that her government encourages this partnership and investment which she said is good for Liberia.
The Liberian leader indicated that she expects that Orange will be good corporate citizens and do what they can as a partner to the government, especially in ensuring that employees are taken care of.

President Sirleaf made the assertion when a high-level delegation of Cellcom-Liberia and Orange paid her a courtesy call.

She hoped that both sides will work assiduously to meet the target date of February 9, 2016 to conclude the technical details of the agreement.

The statement also quoted Abraham Avi Zaidenberg, the Managing Director and Chairman of the Board of Directors of Cellcom-Liberia, as saying that Cellcom will ensure that all previous obligations and agreements are honored.

On future plans, Zaidenberg said, “Orange has plans to increase the number of employees in the company, increase dramatically its investment in the country, especially the rollout of towers across the country including remote areas.”

He urged the cooperation of the Liberian government in achieving its objective.

Orange recently announced that it has entered into a firm agreement with Cellcom Telecommunications Limited to acquire, through its subsidiary Orange Côte d’Ivoire, 100 percent of Cellcom’s Liberia subsidiary.

Orange is expected to provide its marketing expertise and world-class technical capability to further strengthen the network operator, enhance services to consumers and contribute to the economic growth of Liberia.

They assured that Cellcom’s founders and employees will remain involved in the business to ensure a smooth integration, support performance and continued long-standing relations with the Government of Liberia.

Orange is one of the world’s leading telecommunications operators with presence in 28 countries. Enditem

Source: Xinhua

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