UAE's Etisalat expects to close Maroc Telecom deal on May 14

Etisalat has agreed to pay 4.2 billion euros for the stake. (File Photo: Reuters)

Etisalat expects to complete its purchase of 53 percent of Maroc Telecom from France's Vivendi on May 14, the United Arab
Emirates operator said on Thursday.

Etisalat has agreed to pay 4.2 billion euros for the stake.

Following the conclusion of that deal, Etisalat will sell its West African busineses to Maroc Telecom.
 

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Last Update: Wednesday, 20 May 2020 KSA 09:43 - GMT 06:43
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