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Etisalat won't bid for Moroccan govt stake in Maroc Telecom

2013-05-22 02:00:00| Total Telecom industry news

UAE operator has yet to hear whether its bid for Vivendi's stake in Maroc Telecom has been successful.

Tags: bid telecom maroc stake

 

Etisalat, Ooredoo bid for Maroc Telecom

2013-04-25 02:00:00| Total Telecom industry news

Vivendi confirms it has received two binding offers for its 53% stake in Moroccan operator.

Tags: bid telecom maroc etisalat

 
 

Etisalat, Ooredoo submit bids for Vivendi's Maroc Telecom

2013-04-24 15:23:00| Telecompaper Headlines

(Telecompaper) Etisalat and Ooredoo confirmed they have each made a binding offer to Vivendi to acquire its 53 percent stake in Maroc Telecom. The UAE-based operator said it had already conducted due diligence and secured external financing from local and international banks for the takeover. Qatar-based Ooredoo said it also had financing in place from a consortium of banks. The offer remains subject to approval by Vivendi and regulatory authorities. Vivendi confirmed it had received two offers and said it will study the bids in the coming weeks. The successful bidder will also be required to make an offer to minority shareholders in Maroc Telecom.

Tags: submit telecom bids maroc

 

Etisalat to submit Maroc Telecom offer today

2013-04-24 02:00:00| Total Telecom industry news

Telco seeks Vivendi's 53% stake but local regulations require company to extend mandatory offer to minority holders too.

Tags: today offer submit telecom

 

Etisalat Q1 net profit after royalty flat at $495m

2013-04-23 02:00:00| Total Telecom industry news

Subscribers up 15% to 141 million, driven by growth at U.A.E., Africa ops.

Tags: net flat profit royalty

 

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