Thursday, December 6, 2012

FT may make a move for Vivendi’s Maroc Telecom

The chief executive of France Telecom-Orange (FT-Orange) has revealed that the company may be interested in acquiring Maroc Telecom. According to a report from Dow Jones, Stephane Richard told Le Figaro newspaper that the Moroccan operator could have ‘strategic interest’ for FT-Orange, although he did add that his firm would not be constrained by demands on the valuation or timing of the deal. The French giant is currently saddled with a huge debt pile, but Richard said that this would not stop the company ‘from looking for ways to seek interesting opportunities’


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OVETEL FT may make a move for Vivendi’s Maroc Telecom

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