France Telecom may discuss Orascom asset buy, Tribune says

Reuters
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France Telecom SA Chief Executive Officer Stephane Richard said he is ready to discuss acquiring other assets from Orascom Telecom Holding SAE, although there are no talks about its Algerian mobile unit, La Tribune reported, citing an interview.

France Telecom’s priority is to expand in emerging markets and the company is looking for acquisitions in Africa as well as Asian countries such as Vietnam, Richard was quoted as saying by the newspaper.

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