In the wake of its suspension of the sale of Brazilian operator GVT, Vivendi has confirmed that it remains hopeful of divesting its majority stake in Maroc Telecom, but notes that the process is taking longer than expected. According to a report in Les Echos newspaper, the French media and telecoms group expects to receive bids in late April or later, with KT Corp, Qatar Telecom (Qtel) and Etisalat heavily linked. Vivendi is seeking around EUR5.5 billion (USD7.1 billion) for its 53% stake in the Moroccan telco.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors