
The United Arab Emirates (UAE) firm Etisalat looks set to win shares in French companies Vivyandi and Maroc Telecom, after sources told Arabstoday the company had the best chance of winning. Etisalat would obtain a 53-percent cut if it managed to fend off fierce competition from Saudi Arabian Telecom company, Qatar’s Qtel and MTN from South Africa. Maroc Telecom directors are expected to settle the deal in an April 30 meeting, following negotiations over how best to sell of shares to reduce accumulated debt. Sources have also revealed that Qatari firm Qtel has made a larger offer than Etisalat but that executives are leaning towards the UAE company for “strategic reasons.”
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor