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Etisalat to win control of Maroc Telecom

Etisalat is bidding for Morocco's Maroc Telecom

The struggle for control of Maroc Telecom, which has been rolling on since the start of the year, looks to be at an end. Emirates-based Etisalat signed a €3.9bn deal to acquire a controlling stake on Tuesday.

Etisalat mulls bid for stake in Maroc Telecom

Etisalat is mulling over a bid for Morocco's Maroc Telecom

UAE based operator group Etisalat has confirmed that it has submitted a preliminary expression of interest to acquire French conglomerate Vivendi’s 53 per cent shareholding in Maroc Telecom, as it looks to expand its geographic footprint. Maroc Telecom, a publicly listed company on both the Casablanca and Euronext Paris Stock Exchanges, is Morocco’s market leading operator with over 17.4 million subscribers in Morocco, according to Informa’s WCIS.