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Gulf eyes North Africa
- Saudi Arabia: Saturday, November 11 - 2006 at 08:08
European and Gulf based telco operators are set to lock horns over the developing mobile market in North Africa, according to Reuters. French and Spanish firms have already bought into the Moroccan market while Dubai's Etisalat has made investments in Tunisia and Egypt. The privatisation of Algerie Telecom, expected next year, will see fierce competition between European outfits looking at emerging markets and Gulf firms boosted by high oil revenues.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, November 11 - 2006 at 08:08 UAE local time (GMT+4)
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This article was updated on Wed Dec 13 2006.
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