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Etisalat likely to buy company in Iraq
- United Arab Emirates: Wednesday, October 08 - 2008 at 09:21
Etisalat said on Tuesday that its planned Middle East acquisition will 'likely' be in Iraq, reported Reuters. An Etisalat official said last month that the firm was in final-stage talks to buy a majority stake worth up to $1bn in a Middle East telecoms operator this year but did not announce the country. Chairman Mohammad Omran said an announcement would be made shortly.
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Jeff Florian, Senior ReporterWednesday, October 08 - 2008 at 09:21 UAE local time (GMT+4)
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