Atlantique Telecom holds variant majority shares in seven telecommunications organisations across the Ivory Coast, Benin, Burkina Faso, Gabon, Niger, Togo and the Central African Republic. These countries hold a combined population of approximately 60 million and mobile phone penetration of less than 10%.
Etisalat started its relationship with Atlantique Telecom in 2005, when it acquired 50% of the company. Today, Etisalat supervises the operations of Atlantique Telecom through a 10-year management contract.
With Etisalat's support, Atlantique acquired a license to enter the largest market in West Africa, Cote D'Ivoire, which was officially launched in July 2006. In the first 5 months of operations, this subsidiary, named Moov, had acquired a 21% market share.
Browse
related articles
Etisalat increases stake in Atlantique Telecom to 70 per cent
- United Arab Emirates: Monday, April 30 - 2007 at 08:39
- PRESS RELEASE
Related content
Etisalat today announced the acquisition of additional shares in Atlantique Telecom. This brings Etisalat's total shareholding to 70 per cent, an increase of 20 per cent.
Article Options
Log in to request more information from Etisalat
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, April 30 - 2007 at 08:39 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Notes and Media Contacts »
Press release issued by Corporate Communications Department - Etisalat
For further media information, please contact:
Ahmed Bin Ali, Vice President - Corporate Communications
Tel: 02 6182173
Fax: 02 6334448
For further media information, please contact:
Ahmed Bin Ali, Vice President - Corporate Communications
Tel: 02 6182173
Fax: 02 6334448
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
