Picking up speed

Kemp, Ian; Mason, John
March 2006
Total Telecom Magazine;Mar2006, p30
Trade Publication
This article focuses on the growing mobile operators in the Middle East in 2006. Investors from this region are stretching for international targets besides striking partnership agreements to strengthen their stand in home markets and abroad. Egypt's Orascom is believed to be the most acquirer among Middle East operators, investing some €12.1 billion to purchase a majority stake in Italian mobile operator Wind. And in December 2005, it had spent HK$10.1 billion to purchase 19.3% of the telecoms arm of Hutchison Whampoa.


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