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FINANCIAL NEWS
Qatar’s Ooredoo plans to obtain license in Myanmar
27 May 2013
(MENAFN) Ooredoo’s CEO, Nasser Marifih, announced that the telecommunications operator is eyeing a license in South-East Asia’s Myanmar, reported Arabian Business.
Marifih added that the company, formerly known as Qatar Telecom, has the financial capability to make such a move.
On the other hand, he noted that the firm managed to raise nearly USD12 billion in financing to back its bid to obtain a majority stake in Maroc Telecom, owned at the current time by France’s Vivendi.
It is worth noting that UAE’s Etisalat is also bidding to acquire Vivendi’s stake, with reports saying that the telecom operator sought USD8 billion of loans for its bid.
More News
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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