Orange Guinée

Stock performance

History

Orange Guinée began operating in 2007 as a subsidiary of Senegal's Sonatel, part of France's Orange group, and became the country's leading mobile operator within a few years.

Business model

Orange Guinée sells mobile voice and data, internet, and business services, and its Orange Money mobile-money service is widely used for transfers and payments in a country where few people have bank accounts.

Market position

Orange Guinée is the largest telecom operator in Guinea, with more than 8 million subscribers, ahead of MTN Guinea and other smaller operators.

Country impact

Mobile money has become one of the main financial tools for Guineans, and Orange Guinée is one of the country's largest private taxpayers. Government-ordered internet restrictions during periods of political tension have periodically disrupted its services.