Orange is considering a sale of its 40 percent stake in Mauritius Telecom.

Bloomberg reports that the telco doesn't consider the stake to be a core asset, and has discussed a potential exit from the market with advisers.

Orange hasn't formally engaged with Mauritius Telecom’s board on its interest in a share buyback, notes Bloomberg.

A decision over its stake in the company could be made in November, added another source to the publication.

Mauritius Telecom is the biggest carrier in the country, with around 1.3 million subscribers.

The Mauritian government and the National Pensions Fund, hold a 40 percent stake in the telco, while state-owned SBM Holdings Ltd. owns a 19 percent stake.

The remaining one percent was sold to “eligible employees and pensioners” back in 2007.

Orange's position in the country, an island off of southern eastern Africa, has become less strategic since its brand was dropped and operations renamed MyT in 2017.

The carrier initially acquired its stake in the telco as its predecessor France Telecom in 2000 through Rimcom Ltd., for about $261 million.

Orange currently operates in 18 countries across Africa and the Middle East.