UAE's Etisalat says eyeing South Africa's MTN

Mon May 12, 2008 11:12am BST
 
Email | Print | | Single Page
[-] Text [+]

CAIRO, May 12 (Reuters) - The UAE's Emirates Telecommunications Corp. ETEL.AD (Etisalat) is evaluating South Africa's MTN (MTNJ.J: Quote, Profile, Research) as an acquisition candidate as part of a drive to expand in Africa, it chairman said on Monday.

"We are always looking for expansion in Africa," Etisalat Chairman Mohammed Omran told reporters at a telecom conference in Cairo. "We are evaluating MTN among other companies." (Reporting by Wael Gamal)

 
advertisement
 

Most Popular on Reuters UK