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General

France Telecom CEO expresses interest in Maroc Telecom

Wednesday 5 December 2012 | 11:31 CET | News
An acquisition of Vivendi unit Maroc Telecom by France Telecom could be "strategically interesting", France Telecom CEO Stephane Richard told Le Figaro. Although strategically interesting, it is out of the question that the operator would limit itself to a calendar or valuation, Richard said. "With a debt of EUR30 billion and a share price at EUR 8, its is obvious that our means, as are those of other big European operators, are very limited. This does not prevent us from looking at how we might seize opportunities", he added. Vivendi, which owns 53 percent in Maroc Telecom, has been looking

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Categories: General
Companies: France Telecom / Maroc Telecom / Vivendi
Countries: Morocco
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