"Qatar Telecom QSC raised $12 billion to finance its bid for a majority stake in Maroc Telecom SA as it seeks to expand through acquisitions, its chief executive officer said.
Qatar Telecom, which recently changed its name to Ooredoo, plans to focus on buying telecommunication operators abroad after expanding holdings in companies in Kuwait, Iraq and Tunisia last year, Nasser Marafih said in an interview at the World Economic Forum in Jordan.
“We’re aware that we’ve not done any acquisitions lately, but have increased our stake in our existing companies,” he said. “There are companies that will be available for consolidation and when they become available they will pursue them.”"
'via Blog this'
No comments:
Post a Comment