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Warid, Etisalat end acquisition talks - report

2014-03-06 02:11:00| Telecompaper Headlines

(Telecompaper) Talks between Etisalat and Pakistani mobile operator Warid Telecom on a possible merger or acquisition, have been called off. The decision was made by Warid shareholders as the two companies could not agree on a price, ProPakistani reports citing unnamed sources. Warid shareholders believe the company has strong fundamentals and have decided to focus on enhancing the company's value and to continue providing services. The sources claim Warid will invest more in services as well as coverage. Warid Telecom is owned by the Abu Dhabi Group.

Tags: end report acquisition talks

Etisalat SmartHub IPX and iBasis Peer to Deliver High Quality LTE roaming Experience

2014-03-04 19:16:50| Telecom - Topix.net

BURLINGTON, Mass. & DUBAI, UAE -- -- Etisalat, the largest telecom operator in the Middle East and North Africa, today announced an LTE roaming peering agreement with iBasis, a KPN company and leading international carrier and provider of data services and solutions for mobile operators.

Tags: high quality experience high quality

Alcatel-Lucent wins Etisalat LTE expansion deal

2014-03-03 01:00:00| Total Telecom industry news

United Arab Emirates operator eyes LTE Broadcast launch this year.

Tags: deal expansion wins lte

Etisalat confirms Maroc Telecom acquisition for EUR 4.2 bln

2013-11-05 09:01:00| Telecompaper Headlines

(Telecompaper) Etislat has signed a definitive agreement to acquire Vivendi's 53 percent stake in Maroc Telecom for EUR 4.2 billion cash. The companies have been in exclusive talks on the deal since July. The sale is part of Vivendi's strategy to focus its businesses around media and content activities; it's also considering a spin-off of its French telecom operator SFR. Pending regulatory approval, the Maroc Telecom sale is expected to close in early 2014. The Moroccan operator's other shares are owned by the government or publicly listed.

Tags: eur acquisition telecom maroc