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General

Timor-Leste will not increase state stake in Timor Telecom

Wednesday 15 June 2016 | 16:52 CET | News
The Deputy Minister of Finance of Timor-Leste, Helder Lopes, confirmed to Lusa the government's "final decision" to not buy Oi's share in Timor Telecom, keeping only the 20.59 percent of capital it currently controls. Lopes said that the decision was made based on a commercial, financial and economic analysis carried out by the government.

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Categories: General
Companies: Oi / Timor Telecom
Countries: Timor-Leste
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