Qatar Telecom (Qtel), the majority state-owned telecommunications operator, has agreed with the Tunisian government to buy a further 15 percent stake in that country's operator Tunisiana for $360 million.
The purchase raises the Qatari firm's stake in Tunisiana to 90 percent, Qtel said in a statement seen on Wednesday. Wataniya, Qtel's Kuwaiti arm, already held 75 percent of Tunisiana.
The Tunisian government will retain a 10 percent holding in Tunisiana with a view to conducting a public offer of shares in future, the statement added.
Qtel buys further $360 mln stake in Tunisian telco - Yahoo! News Maktoob
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