Bharti Airtel Ltd.

Bharti Airtel, a leading global telecommunications company, has entered into an exclusive agreement with Orange, to explore the possible acquisition by Orange of 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 is one of the world’s leading telecommunications operators. Present in 29 countries, the Group has a total customer base of 247 million customers worldwide at 31 March 2015, including 188 million mobile customers and 16 million fixed broadband customers.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.