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UAE’s Etisalat Expects To Close Maroc Telecom Deal On May 14

UAE’s Etisalat Expects To Close Maroc Telecom Deal On May 14

Etisalat has agreed to pay 4.2 billion euros for the stake.

Etisalat expects to complete its purchase of 53 per cent of Maroc Telecom from France’s Vivendi on May 14, the United Arab Emirates operator said on Thursday.

Etisalat has agreed to pay 4.2 billion euros for the stake.

Following the conclusion of that deal, Etisalat will sell its West African busineses to Maroc Telecom.

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