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Etisalat Prequalifies for Tunisia Telecom Bid - ASHARQ AL-AWSAT English Archive
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Abu Dhabi, Asharq Al-Awsat- Emirates Telecommunications Corporation- Etisalat- has announced it’s prequalification for the bid that will soon be underway in Tunisia. The Corporation has been selected along with 12 other international companies, who will all participate in a bid to purchase 35 per cent stake in the Tunisian government-owned Tunisia Telecom.

The Tunisian government is expected to issue an information memorandum and a tender document within a week of announcing the prequalified companies.

Etisalat Chairman and CEO, Mohammad Hassan Omran, said: “Etisalat will be entering this market by partnering with other entities to form a consortium. We will then contract a consultant to participate with us in the due diligence process scheduled for November. The final bid process is expected to be in December 2005, and the final dates and procedures will be announced soon.”

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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