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Etisalat gets funds in place for Maroc Telecom deal

2014-04-28 02:00:00| Total Telecom industry news

UAE operator expects transaction to close in May; posts revenue and subscriber growth in Q1.

Etisalat confirms Maroc Telecom acquisition for EUR 4.2 bln

2013-11-05 09:01:00| Telecompaper Headlines

(Telecompaper) Etislat has signed a definitive agreement to acquire Vivendi's 53 percent stake in Maroc Telecom for EUR 4.2 billion cash. The companies have been in exclusive talks on the deal since July. The sale is part of Vivendi's strategy to focus its businesses around media and content activities; it's also considering a spin-off of its French telecom operator SFR. Pending regulatory approval, the Maroc Telecom sale is expected to close in early 2014. The Moroccan operator's other shares are owned by the government or publicly listed.

Tags: eur acquisition telecom maroc

Etisalat, Vivendi reach agreement on Maroc Telecom stake

2013-11-05 01:00:00| Total Telecom industry news

Deal subject to regulatory approval, signing of shareholder deal with Moroccan government.

Tags: agreement reach telecom maroc

Etisalat Extends Talks With Vivendi on Maroc Telecom Offer

2013-09-30 04:04:35| Telecom - Topix.net

Emirates Telecommunications Corp., the Abu Dhabi-based phone operator, agreed to extend talks with Vivendi SA on a planned purchase of the French company's stake in Maroc Telecom SA for 4.2 billion euros .

Tags: offer telecom talks extends