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Omantel not after Kuwaiti stake
- Oman: Monday, August 27 - 2007 at 09:28
Omantel has confirmed that it has no intention of bidding for a stake in Kuwait's third mobile operator currently being set up by the government, reported Reuters. A Kuwaiti newspaper suggested last week that the Omani firm was one of 17 parties interested in acquiring the 26% shareholding. Other regional operators, like Etisalat and the Saudi Telecom Company, are expected to express an interest by the September 7 deadline.
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Jonathan Sheikh-Miller, Deputy EditorMonday, August 27 - 2007 at 09:28 UAE local time (GMT+4)
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