The Corporation has been selected along with 12 other international companies, who will all participate in a bid to purchase 35 per cent stake in the Tunisian government-owned Tunisia Telecom.
The Tunisian government is expected to issue an information memorandum and a tender document within a week of announcing the prequalified companies.
Etisalat Chairman and CEO, Mohammad Hassan Omran, said: "Etisalat will be entering this market by partnering with other entities to form a consortium. We will then contract a consultant to participate with us in the due diligence process scheduled for November. The final bid process is expected to be in December 2005, and the final dates and procedures will be announced soon."
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Etisalat prequalifies for Tunisia Telecom bid
- United Arab Emirates: Sunday, October 09 - 2005 at 08:11
- PRESS RELEASE
Emirates Telecommunications Corporation - Etisalat - has announced its prequalification for the bid that will soon be under way in Tunisia.
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Press release issued by Corporate Communications Department - EtisalatFor further media information, please contact:
Engineer Ahmed Bin Ali, Corporate Communications Manager
Tel: 02 6182173
Fax: 02 6334448
Posted by Anne-Birte Stensgaard, Senior News EditorSunday, October 09 - 2005 at 08:11 UAE local time (GMT+4)
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