VOL. XLI

No. 19

11-May-1998

TUNISIA

Tunisia To Sell 40% Of Telecom Firm

The Tunisian Government announced on 4 May that it plans to sell a 40% stake in thetelecom firm Societe Tunisienne d'Entreprises de Telecommunications (SOTETEL) through theTunis Stock Exchange. No date has been set for the sale, although a launch is expectedsometime in June. SOTETEL, which has a capital of TD1.4mn ($1.2mn), is mainly in charge ofpublic telecommunications engineering but also provides services for other...