Orange is considering an exit from the Dominican Republic but has confirmed an increased stake in Telkom Kenya, according to reports.

Reuters sources said that the French operator group is looking at the possibility of selling its business in the Dominican Republic in a deal that could be worth €900 million. The move is likely to be related to the company exiting non-core markets to pay down debt.

Orange is believed to be in talks with several banks with a financial advisor likely to be appointed in the next few days. Orange would not comment on the report.

The uncertainty about the future of Orange in the Dominican Republic comes a year after Orange Dominicana launched LTE, following a $150 million network investment.

At the end of the first quarter of 2013 GSMA Intelligence figures stated that Orange Dominicana had 3.3 million connections, placing it second in the market, behind America Movil’s Claro.

In East Africa, Orange has not extended its June deadline for the Kenyan government to invest KES2.4 billion ($27.6 million) in Telkom Kenya, reports Business Daily, meaning it has secured an increased stake in the business.

The government’s stake in Telkom Kenya dropped from 49 per cent to 40 per cent in December due to a balance sheet restructure. This then dropped to 30 per cent in June, when it failed to allocate the money as part of a rights issue to boost Telkom Kenya’s financial position. Orange provided KES5.1 billion as part of the rights issue.

An Orange spokesman told Business Daily there will be no further negotiations and the capital structure of Telkom Kenya will remain at 70:30 in Orange’s favour.

The new structure will give Orange a greater influence on Telkom Kenya’s board as well as a bigger share of land, buildings and equipment owned by the Kenyan number-four operator, which has 2.2 million connections.