KT Corporation Withdraws Interest In Tunisie Télécom Stake


News: South Korean telecoms operator KT Corporation has backed out from its plans to bid for Emirates International Telecommunications' (EIT) 35% stake in Tunisia's monopoly fixed-line operator Tunisie Télécom. In September 2013, KT Corporation confirmed that it was involved in early talks to purchase the stake in the Tunisian operator, which EIT aims to sell as part of its plans to cut debts.

This article is tagged to:
Sector: Telecommunications
Geography: Tunisia