Browsing: Vivendi

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Etisalat raises €3bn for Morocco deal

United Arab Emirates telecommunications firm Etisalat said on Monday that it has raised €3,15bn to fund the acquisition of French media giant Vivendi’s 53% stake in Morocco’s main provider, Maroc Telecom. The funds were raised with a group of 17 international, regional and local banks in the UAE. “Financing consists of

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Koreans in new talks with Telkom

Korea’s KT Corp appears once again to be in discussions with Telkom, this time over the sale of the partially privatised South African telecommunications operator’s Internet service provider assets elsewhere in Africa. According to a report in Korea IT Times