|[Published: Wednesday July 08 2009]
Moroc Telecom acquires majority stake of Malian company
Bamako, Mali, 08 July – (ANA) - Morocco's telecoms operator “Maroc
Telecom” has acquired 51% of Malian state-owned telecommunications
company Sotelma, for
€ 275 million.
The managing director of Maroc Telecom, Abdeslam Ahizoune, was received
by president Amadou Toumani Toure and signed the agreement of the deal
in Bamako with Malian minister of communication and new technologies
in charge of privatisation, Diarra Mariam Plantie Diallo, and Malian
minister of economy and finance, Sanoussi Touré.
President Amadou Toumani Toure, Prime Minister Modibo Sidibé, members
of the Malian government and Morocco's ambassador to Mali all attended
the signing ceremony.
Ahizoune said that Maroc Telecom would endeavor to make Sotelma a
reference operator at the regional level.
He stressed that the success of this operation attests to the two
countries' will to consolidate bilateral economic co-operation, adding
that the Moroccan company will enable Sotelma to learn from its
Maroc Telecom is also present in other African countries, namely
Mauritania, Burkina Faso and Gabon. (ANA)
SL/ANA/08 July 2009---