Etisalat concludes Maroc Telecom deal

May 15, 2014 10:01 am

Etisalat said it has completed the acquisition of 53% cent shareholding in Morocco’s Maroc Telecom from French mass media and telecoms giant, Vivendi. The final consideration amounted to €4.138bn ($5.68bn) and Etisalat will start to consolidate Maroc Telecom and its subsidiaries starting this month.