MTN has confirmed it is in talks to buy Egypt's Orascom Telecom, a $9billion (about R67billion) deal that could include Algeria's top mobile phone firm.
MTN has confirmed it is in talks to buy Egypt's Orascom Telecom, a $9billion (about R67billion) deal that could include Algeria's top mobile phone firm.
Purchasing all of Orascom, which has a market capitalisation of $7,2billion (about R53billion) and almost 93 million subscribers, would give MTN access to markets in Algeria, Pakistan and untapped North Korea. - Reuters
MTN in bid for Orascom
MTN has confirmed it is in talks to buy Egypt's Orascom Telecom, a $9billion (about R67billion) deal that could include Algeria's top mobile phone firm.
MTN has confirmed it is in talks to buy Egypt's Orascom Telecom, a $9billion (about R67billion) deal that could include Algeria's top mobile phone firm.
Purchasing all of Orascom, which has a market capitalisation of $7,2billion (about R53billion) and almost 93 million subscribers, would give MTN access to markets in Algeria, Pakistan and untapped North Korea. - Reuters