Etisalat may bid for Kuwaiti telco

Posted by Blog Sheikh on August 27, 2007

Link: Etisalat may bid for Kuwaiti telco

UAE operator Etisalat said on Thursday it was interested in bidding for a stake in Kuwait’s third mobile phone operator to tap demand for telecoms in the Middle East’s fourth-largest oil producer.

Kuwait’s government has invited companies to express an interest in bidding for a 26% stake in the operator that it is setting up, by a September 7 deadline.

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