Etisalat eyes stake in Iraqi operator
Mohammad Omran, Chairman of UAE-based Etisalat has said the company is close to buying a majority stake in Iraq’s Korek Telecom as it looks to double revenues from overseas operations in three years, Reuters has reported. ‘Etisalat is almost near to finalising a deal with Korek,’ Mohammad Omran said at a press conference, adding it was in talks to buy a majority stake in the northern Iraq-based telecom firm.
Posted: February 23rd, 2010
at 12:51pm by Arif
Tagged with chairman, company, conference, deal, Etisalat, firm, Iraq, Iraq-based, Korek, korek telecom, majority, majority stake, mohammad, Mohammad Omran, Northern Iraq, northern Iraq-based, Omran, overseas operations, Press, Reuters, stake, Telecom, telecom firm, UAE, UAE-based
Categories: Middle East News
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