This section features background information and resources relevant to the current research theme. It includes resources produced by WDR and external sources and is organised by regions and topics. An archive of resources recommended in previous research cycles is also available along with news from the WDR/Intelecon Regulatory News Service.
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| Gabon: Maroc Telecom Acquires Control Of Gabon Telecom |
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| Monday, 12 February 2007 | |
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Maroc Telecom (MT), a subsidiary of Vivendi, said it won the tender to acquire a 51% stake in Gabon Telecom (GT), the incumbent telecommunications operator of Gabon, for US$ 79 million.
In 2006, GT and its mobile subsidiary Libertis earned revenues of US$ 178 million. According to its estimates, Libertis has about 250,000 mobile customers, a 30% market share, and GT has around 30,000 fixed-line subscribers The GT acquisition furthers MT’s expansion across Africa. MT has been the majority shareholder of Mauritel, the formerly government-owned Mauritanian telecom operator, since April 2001. MT is also the majority shareholder in Burkina Faso’s Onatel since December 2006. "Without waiting, we are going to implement a restructuring and development plan that will help this operator to become a jewel of the Gabonese economy and a model for the region," Abdeslam Ahizoune, Chairman of Maroc Telecom, said. Source: Dow Jones - WDR/Intelecon Regulatory News |
