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FINANCIAL NEWS
Etisalat interested in a stake of Tunisie Telecom
27 Jun 2013
(MENAFN) Abu Dhabi-based Etisalat and Turkey’s Turkcellare among thirteen firms interested in buying Dubai Holding’s 35 percent stake in Tunisie Telecom, Reuters reported.
Last week, the Tunisian government said that Dubai Holdingwas considering selling out of the former monopoly Tunisie Telecom.
Emirates International Telecommunications (EIT), a unit of Dubai Holding, paid USD2.25 billion for the stake in 2006.
Ahmed ben Hussien, an official in the Ministry of Communications said that Turkcell and Turk Telekom, Korea Telecom, Etisalat and two others from China have expressed their interest in the stake, without giving more details.
Since an uprising that toppled former Tunisian president Zine al-Abidine Ben Ali in 2011, EIT has complained to the government about strikes and workers’ demands for higher pay.
Tunisie Telecom has more than 4 million mobile and 1 million fixed-line subscribers.
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