Tag: consolidations

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[Industries and Markets] Acquisition Time in the North African Telco Sector

[The North Africa Journal | Mergers and Acquisitions] The telecommunications sector has been very busy lately in North Africa. Companies are looking for new assets to acquire in a bid to grow their business in emerging markets. Among the most important transactions recorded in the telco sector is the acquisition by France Telecom of a substantial stake in Morocco’s Meditel, the Kingdom’s second largest carrier. The other transaction is the acquisition by Russia’s VimpelCom of Egypt’s Orascom Telecom. This acquisition brings another wildcard to the long-lasting feud between the Egyptian owner of Orascom Telecom Algeria and the Algerian government. ...
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