www.WirelessFederation.com/news: Telecom Egypt is reportedly studying the possibility of bidding for a stake in Moroccan mobile operator Medi Telecom (Meditel) recently put up for sale by Portugal Telecom, as well as a stake in the company which Spain’s Telefonica is considering selling.
Tarek Tantawy, Vice President and Chief Financial Officer of Telecom Egypt, pointed out that the company is particularly interested in acquiring operators in possession of both fixed line and mobile networks in the Middle East and North Africa region. Other groups linked with possible bids for Meditel include Orascom Telecom, Etisalat, Batelco, Saudi Telecom, Qtel and France Telecom.
