Orascom Tel says not party to any Vimpelcom talks

Reuters
0 Min Read

Egyptian mobile firm Orascom Telecom said on Thursday it was not party to any discussions with telecoms group Vimpelcom, responding to inquiries from the bourse, a stock exchange statement said.

The bourse requested an explanation from Orascom about a report in Russian newspaper Kommersant that said Vimpelcom may buy Italy’s No.3 mobile operator Wind and 51 percent of Orascom from tycoon Naguib Sawiris.

 

Share This Article
By Reuters
Follow:
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.
Leave a comment