Etisalat, Zain may return to talks on unit sale in Sudan

03 Dec 2013

(MENAFN) UAE’s Etisalat may resume talks to sell its telecom arm in Sudan, Canar, to Kuwait-based Zain, The Peninsula reported.

Acquiring Canar, which is the leading fixed-line carrier in Sudan, would be key for Zain’s strategy to go beyond providing mobile services in the country.

Talks between the two companies came to a halt early this year as Etisalat believed other companies might be interest in Canar and hoped for a better price.kuw

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