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Wireless Federation » Orascom no longer interested in Brasil Telecom

 Orascom no longer interested in Brasil Telecom

  • June 15th, 2007
  • 11:16 am

Orascom Telecom has announced that its offer to acquire Telecom Italia’s stake in Brasil Telecom has expired and that it is no longer involved in talks to acquire the stake. Orascom’s original interest in Brasil Telecom was in line with its declared strategy to focus on emerging countries with large markets, untapped demand and high growth potential.

   


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