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MTC cool on Celtel sale
- Kuwait: Sunday, May 27 - 2007 at 07:43
Kuwait's MTC has distanced itself from reports that a Saudi investor is set to acquire a 25% stake in its Celtel unit, which offers mobile services in Africa, according to Reuters. The local Al Seyassah newspaper claimed a deal was close and could be worth $2bn. MTC only completed a 100% acquisition of Celtel earlier this month.
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Jonathan Sheikh-Miller, Deputy EditorSunday, May 27 - 2007 at 07:43 UAE local time (GMT+4)
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This article was updated on Tue May 29 2007.
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