0
General

Qtel eyes 53% Vivendi stake in Maroc Telecom - report

Monday 22 October 2012 | 09:42 CET | News
Qtel has expressed an interest in Vivendi's 53 percent stake in Maroc Telecom, the Financial Times reported. The FT said Qtel group faces competition from Etisalat of the UAE and cited two people with knowledge of the situation. It said Vivendi has spoken to Lazard and Credit Agricole about advising on the process. Qtel is more than two-thirds owned by the state and various government entities, while Maroc Telecom is almost a third owned by Morocco government, which means that the situation could be influenced by regional politics, according to one informed person. King Mohammed VI of Morocco

Thank you for visiting Telecompaper

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.

Subscriptions

Already registered?



Categories: General
Companies: Etisalat / Maroc Telecom / Qtel / Vivendi
Countries: Middle East
::: add a comment

Add comment

Please login or register to leave a 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.


Related

Korea Telecom makes bid for Vivendi's Maroc Telecom stake

Published 27 Dec 2012 07:42 CET | Morocco
Korea Telecom confirmed that it made a non-binding preliminary bid for Vivendi's 53 percent stake in Maroc Telecom on 17 ...

Maroc Telecom launches online bill service

Published 10 Dec 2012 14:59 CET | Morocco
Maroc Telecom has launched an e-billing service allowing customers to consult and download their mobile, internet and fixed ...

Qtel picks adviser for Maroc Telecom bid - report

Published 07 Dec 2012 11:04 CET | Morocco
Qatar Telecom has hired JP Morgan Chase to advise it on a potential bid for Vivendi's Maroc Telecom, four people familiar with ...

Qtel confirms eyeing controlling stake in Maroc Telecom

Published 20 Nov 2012 11:04 CET | Africa
State-owned operator Qatar Telecom (Qtel) has confirmed that it could be interested in acquiring a controlling stake in Morocco's ...

Maroc Telecom attracts four suitors - report

Published 25 Oct 2012 09:36 CET | Morocco
Vivendi has received four expressions of interest for its 53 percent stake in Maroc Telecom, for which it hopes to raise at least ...

Qtel Q3 net profit up 74% to QAR 1.1 bln

Published 22 Oct 2012 11:02 CET | Qatar
Qatar Telecom posted a 74 percent rise in third quarter net profit to QAR 1.07 billion, on revenue up 6 percent to QAR 8.63 ...

SFR could merge with Numericable, sell to Vodafone - report

Published 14 Oct 2012 17:22 CET | France
French media reported on October 14 that Vivendi is in highly preliminary talks with cable operator Numericable to merge its ...

Vivendi mulls sale of Maroc Telecom stake - report

Published 10 Oct 2012 11:09 CET | World
Vivendi is exploring the sale of its 53 percent stake in Maroc Telecom, Reuters reported, citing sources familiar with the ...

DirecTV may bid for GVT – report

Published 19 Sep 2012 09:21 CET | Brazil
US satellite TV provider DirecTV could submit a bid for Brazilian broadband operator GVT. Citing two unnamed sources, Bloomberg ...

Vivendi rules out splitting into telecoms, media entities

Published 31 Aug 2012 09:54 CET | World
French telecoms and entertainment group Vivendi intends to decide before next spring whether to sell subsidiaries to pay down its ...





Calendar   /   Industry Events

25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb A10 Networks Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb EA fiscal Q3
::: More Calendar Items