France Telecom sweet on further emerging market exposure

France Telecom chief financial officer, Gervais Pellissier said the company is looking for medium-sized acquisitions in emerging markets, adding that some could be announced in the coming months.

“I can’t tell you the names of the countries we are working on. There will be a few more acquisitions on the African, Middle East footprint in the next couple of months,” Pellissier commented at the Reuters Global Technology Summit in Paris recently.

Pellissier added that if Indian telecom operator Bharti wanted to sell some of the Africa assets it recently acquired from Zain, then France Telecom could be interested in them.

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