VOL. XLV
No 45
11-November-2002
TELECOMS
Tunisian Government Approves OT- KNMT Joint Venture
The Tunisian government has approved a mobile phone joint venture which links Egypts Orascom Telecom (OT) with Kuwait National Mobiles Telecommunications (KNMT also known as al-Watania). On 16 October OT announced that it had sold 50% of its stake in Tunisian GSM operator OTT to KNMT (MEES, 28 October). OT had paid $454mn for the Tunisian license, but has recently begun to sell some of its assets in...
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