Thursday, December 27, 2007
QATAR TELECOMMUNICATIONS TO BID FOR LIBAN TELECOM
"(MENAFN) A senior official at the Qatar Telecommunications Co (Qtel) said that the company is planning to bid for a stake in one of two Lebanese mobile phone firms as part of plans to expand in the Middle East and Asia, Reuters reported.
Lebanon expects to sell majority stakes in Alfa and MTC Touch in February and offer the rest to the public to raise about $7 billion, the country's telecommunications minister
said in October.
It is worth mentioning that the Emirates Telecommunications Corp (Etisalat) had said earlier this month that it was considering a bid to take over one of the firms."
Lebanon expects to sell majority stakes in Alfa and MTC Touch in February and offer the rest to the public to raise about $7 billion, the country's telecommunications minister
said in October.
It is worth mentioning that the Emirates Telecommunications Corp (Etisalat) had said earlier this month that it was considering a bid to take over one of the firms."
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