0
General

Timor-Leste state recommended to buy Timor Telecom shares

Monday 2 November 2015 | 10:22 CET | News
A technical team set up by the Timorese Government recommends that the state increase its stake in Timor Telecom by buying Oi's shareholding, government sources told Lusa. The source said that this was the "only option" presented by the technical team in a preliminary version of a feasibility study as to whether or not to purchase Oi's stake in Timor Telecom. The study will be presented this month at the Council of Ministers.

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.

Subscriptions

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: Oi / PT / Timor Telecom
Countries: Timor-Leste
::: 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.


Related

Timor-Leste will not increase state stake in Timor Telecom

Published 15 Jun 2016 16:52 CET | Timor-Leste
The Deputy Minister of Finance of Timor-Leste, Helder Lopes, confirmed to Lusa the government's "final decision" to not buy Oi's ...

Timor-Leste govt to bid for Oi shares in Timor Telecom

Published 10 Mar 2016 10:59 CET | Timor-Leste
The government of Timor-Leste has approved the purchase of Brazilian operator Oi's stake in local operator Timor Telecom (TT), a ...

Timor-Leste govt to consider Timor Telecom bid - report

Published 22 Feb 2016 15:28 CET | Timor-Leste
The Council of Ministers of Timor-Leste will consider on 23 February a proposal to expand its shareholding in Timor Telecom ...

Timor-Leste eyeing Oi's Timor Telecom stake - report

Published 11 Sep 2015 14:08 CET | Timor-Leste
The Timorese government is conducting a feasibility study into the possible purchase of Oi's stake in Timor Telecom, an operation ...

Timor-Leste ends Q2 with over 1.25 million mobile users

Published 09 Sep 2015 15:56 CET | Timor-Leste
Timor-Leste ended the second quarter of 2015 with 1.251 million mobile telephony customers, a drop of 7.4 percent compared to the ...





-/- 33%
decline prepaid service revenues y-o-y
Belgium  |  2017 Q3