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Batelco cool on sales talk
- Bahrain: Saturday, May 19 - 2007 at 08:59
Batelco has distanced itself from rumours reported in the local press that it is looking to sell 20% of its shares to an international telco firm. Batelco's Chief Executive Peter Kaliaropoulos described any possible sell-off as 'a matter for the shareholders, not management'. Kaliaropoulos did confirm that the firm is looking to to acquire companies and new licences in the Mena region.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 19 - 2007 at 08:59 UAE local time (GMT+4)
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