Qtel says interested in PT’s stake in Meditel (Qatar, Morocco)
www.WirelessFederation.com/news: Qtel, the Qatari mobile operator, reportedly said that it has interest in Portugal Telecom’s stake in Moroccan mobile operator, Mobitel. Bankers are working on financing to back bids for a potential 64.4% stake in Meditel.
Portugal Telecom owns 32.2% stake in Meditel is up for sale along with Spain’s Telefonica’s 32.2%. ‘Qatar Telecom confirms its interest in the process initiated by Portugal Telecom SGPS SA regarding the sale of their stake in Medi Telcom, Meditel,’ the firm said in a statement.
‘The intentions of the remaining shareholders in Meditel are still unclear, and, as such, Qtel will continue to monitor the situation until the facts becomes clearer,’ the statement said.
