Dubai Holding Commercial Operations Group (DHCOG), a unit of the conglomerate owned by Dubai's ruler, may sell its entire telecom portfolio valued at $2 billion to repay debt, J.P. Morgan said in a research note on Thursday.
'Based on a number of management comments, we expect the company to sell all these assets over time,' J.P. Morgan's analyst Zafar Nazim said in the note.
Among its telco assets, DHCOG has a 35 percent stake in Tunisie Telecom and a 19.5 percent stake in du .
No comments:
Post a Comment