Go reassures on funding for Tunisie Telecom offer

Friday 22 July 2016 | 12:53 CET | News
Malta operator Go said it's put in place measures to avoid any conflict of interest in the planned takeover of the company by Tunisie Telecom. The statement comes in response to press articles that the deal is being questioned by Tunisian politicians, who see the takeover as a financial burden imposed on TT by its controlling shareholder Emirates International Telecommunications, which also controls Go. Go said the selection of TT's offer was subject to independent due diligence of multiple offers, and it has "robust" measures in place to ensure arm's length negotiations with EIT. The

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Go / Tunisie Telecom
Countries: Malta / Tunisia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Go revenues up in H1 to EUR 76.7 mln

Published 10 Aug 2016 11:25 CET | Malta
Maltese operator Go saw its revenues in H1 increase to EUR 76.7 million from EUR 60.7 million a year earlier driven by strategic ...

Tunisie Telecom acquires 65.4% of Malta's Go

Published 29 Jul 2016 14:51 CET | Malta
Tunisie Telecom's fully owned subsidiary TT ML acquired 66,281,050 shares of Maltese operator Go, equivalent to 65.4 percent of ...

Tunisie Telecom makes EUR 2.87 per share bid for Malta's Go

Published 14 Jun 2016 14:08 CET | Malta
Tunisie Telecom has made an offer for Go worth EUR 2.87 per share in cash. Shareholders at the Malta operator will have an ...

Tunisia govt to sell part of Tunisie Telecom to fund Go deal

Published 07 Jun 2016 14:37 CET | Malta
The Tunisian government said it plans to sell part of its 65 percent stake in Tunisie Telecom in order to help with the ...

Tunisie Telecom to maintain Go stock market listing

Published 02 Jun 2016 10:28 CET | Malta
Tunisie Telecom said it intends to maintain Go's listing on the Malta stock market after its public bid for the company. The ...

Tunisie Telecom picked as preferred bidder for Malta's Go

Published 24 May 2016 16:15 CET | Malta
Malta operator Go has selected Tunisie Telecom as the preferred bidder to take over the company. Batelco was the other known ...

Go gets bids from two Arab companies - report

Published 16 May 2016 15:02 CET | Malta
Maltese operator Go is expected to be acquired by one of two Arab companies that are competing for its majority shareholding, ...

EIT to sell stake in Malta operator Go

Published 23 Jul 2015 10:49 CET | Malta
Malta operator Go said its largest shareholder, Emirates International Telecommunications with a 60 percent stake, plans to sell ...

Mobile penetration
Belgium  |  2017 Q3