Orascom to play for French people 3G license?
Oct 1, 2009 phones
Orascom Telecom is considering joining one of the consortium which ar expected to bid for French Republic’s quartern 3G license. In an interview to French daily Le Figaro, Orascom’s Chairman, Naguib Sawiris said that they are surface to all options, acquisitions included.
He said: “Eight million northland-Africans live in France and I think it makes sense from an industrial distributor point of view to set animal foot in the French people market.”
Speaking of acquisitions, when asked about prospects of purchasing Bouygues Telecom, Sawiris said that the troupe was overvalued, but that Orascom has the financial muscle to absorb the accomplishment.
Things around French 3G spectrum auction are certainly heating system up, and we’ll make sure to vigil closely…
Tags: bid, egyptian, enter, french, make, orascom, report, telco
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