Investing
Orascome, Big Middle East Cellular Povider, Goes On The Block
Published:
The large Middle East mobile provider Orascom, has been put on the market. The company has 65 million customers which would make it as large as any provider in the US.
Speculation in The Times of London is that Deutsche Telekom (DT) and Vodafone (VOD) may be bidders. But, now that the US market is maturing, no one should be terribly surprised if AT&T (T) or Verizon (VZ) make a bid.
Douglas A. McIntyre
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