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Ooredoo plans rival bid to STC for Turk Telekom owner - report

2017-11-22 14:48:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group has decided to bid for the insolvent owner of Turkey's biggest telecommunications company to rival an offer from Saudi operator STC, Bloomberg reports citing three unnamed sources familiar with the matter. Ooredoo will bid to acquire Ojer Telekomunikasyon or Otas, a special purpose vehicle that owns 55 percent of Turk Telecom, while the Saudi proposal also remains on the table, the sources said. 

Tags: report plans owner bid

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