Thursday, November 1, 2012

Libya’s LPTIC seizes control of Retelit

According to various Italian press reports, the Libyan Post, Telecommunication and IT Company (LPTIC) has taken control of Italy-based telecoms infrastructure firm Retelit, via its Bousval holding company. Bousval holds a 14.79% stake in Retelit, but has teamed up with a consortium of smaller shareholders who hold around 10% of the company’s equity between them.


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OVETEL Libya’s LPTIC seizes control of Retelit

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