Industry Updates

'SAMENA Daily' - News

Tunisian government to sell stakes in Ooredoo, Orange

The Tunisian government is planning to sell its shares in telecom operators Orange Tunisia and Ooredoo Tunisia in 2017, Reuters reports, citing a senior government official. The state currently holds a 10% stake in Ooredoo and 51% of Orange’s shares. The government has not yet decided whether it will sell the shares via a tender or on the stock market, the official added.

Qatari-backed cellco Ooredoo leads the mobile market sector with a 40.2% share of the market, whilst third-placed Orange serves 26.3% of the nation’s mobile subscribers.



Source: https://www.telegeography.com/products/commsupdate/articles/2016/12/05/tunisian-government-to-sell-stakes-in-ooredoo-orange/

ATTENTION