TM to exit Guinea

14 Dec 2005

Telekom Malaysia™ has announced plans to cease all operational and managerial control of Guinean telco Societe des Telecommunications de Guinee (Sotelgui), in a move to exit the country altogether. The Malaysian telco currently holds a 60% stake in Sotelgui, while the Guinean government holds the remainder. TM’s decision to exit Guinea is part of a broader plan to dispose all of its African investments.

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