Interest from a number of international players in a lucrative stake in Morocco's largest telecoms operator is likely to ultimately result in a showdown between Etisalat and Qatar Telecom (Qtel), analysts said yesterday.
On Thursday, the UAE operator Etisalat said it was looking into purchasing the French media company Vivendi's 53 per cent stake in Maroc Telecom, worth some US$6 billion (Dh22.03bn).
It follows an announcement from Qtel late last year expressing an interest in bidding for the same stake.
Etisalat and Qtel frontunners in Maroc Telecom stake bid - The National
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