Etisalat Moves West Africa Units to Maroc Telecom It’s Acquiring
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Emirates Telecommunications Corp., the most valuable publicly traded company in the United Arab Emirates, agreed to sell businesses in six west African countries to Maroc Telecom as it combines assets before completing a $5.8 billion acquisition from Vivendi SA.
Today’s deal, valued at $650 million, includes units in Benin, Central African Republic, Gabon, Ivory Coast, Niger and Togo that provide mobile voice and data services, the Abu Dhabi-based company known as Etisalat said in a statement.