Mattel, Tunisie Telecom discuss stake sale to Orange

News General Mauritania 2 APR 2015
Mattel, Tunisie Telecom discuss stake sale to Orange
Mauritanian operator Mattel and its parent company Tunisie Telecom met with Orange in Paris to discuss how to bring it in as a new shareholder, writes Kapitalis.com. They have yet to decide what the new share structure would be and are reported to want at least EUR 75 million for 51 percent of Mattel. Orange, which reportedly wants to pay no more than EUR 50 million, would place Mattel within its West African subsidiary Sonatel, which operates in Senegal and other West African countries. Mattel's competitor in its home market is Maroc Telecom affiliate Mauritel.

Categories:

General

Companies:

Orange,  Sonatel,  Tunisie Telecom,  Mattel

Countries:

Mauritania

Tags:

Voice services, Data services, Messaging, Wireless, M&A buyouts & divestments

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