The announcement comes after Orascom said last week it was to increase its ties with parent company VimpelCom, which took control of Orascom last year for approximately $6 billion, and to be renamed from Orascom Telecom Holding to Global Telecom Holding.
Orascom said that is was performing a strategic review and assessment of its operations in Burundi, Zimbabwe and Central African Republic.
“Those strategic options include, but are not limited to, a sale of all or a material part of the sub-Saharan African operations either in one transaction or in a series of transactions,” Orascom said in a statement.