MTN-Orascom deal near

EGYPTIAN telecommunications firm Orascom Telecom expects to know the outcome of talks to sell some of its African assets to MTN within days, it said yesterday.

EGYPTIAN telecommunications firm Orascom Telecom expects to know the outcome of talks to sell some of its African assets to MTN within days, it said yesterday.

"The ongoing negotiations on MTN's acquisition bid for some of Orascom's African units will be determined within a week," the Egyptian daily al-Mal reported yesterday, quoting Orascom chairman Naguib Sawiris. - Reuters

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