Diversified Telecommunication Services
Company Overview of Tunisie Telecom S.A.
Tunisie Telecom S.A. provides telecommunication services in Tunisia. The company offers fixed, mobile, and satellite telephony services. It also provides ADSL services to its residential and business subscribers. The company also manages Internet access for telecommunications agencies. Tunisie Telecom S.A. was founded in 1995 and is based in Tunis, Tunisia.
Avenue du japon
Founded in 1995
Key Executives for Tunisie Telecom S.A.
Chief Executive Officer and Chairman
Compensation as of Fiscal Year 2014.
Tunisie Telecom S.A. Key Developments
Orange Reportedly Offers For Mattel Stake
Feb 13 15
Orange (ENXTPA:ORA) may acquire stake in La Mauritano-Tunisienne De Telecommunications SA (Mattel). Les Afriques reported that Orange has offered to pay Tunisie Telecom S.A., €50 million in order to acquire 51% stake in Mattel. According to the news report, the offer is short of €75 million sought by Tunisie Telecom. The report further added that Orange is not prepared to pay more because it will have to acquire Mattel debts, which amount to more than €25 million, and invest in network modernization. The matter is at present in the hands of the telecommunications minister, who is likely to make a decision by the end of February 2015. Tunisie Telecom has until March 31, 2015 to give a definitive answer to Orange. According to the report, Wana Corporate, SA (Inwi) is also said to be eyeing buying stake in Mattel.
Emirates International Reportedly Planning To Sell Axiom Telecom
Apr 14 14
Dubai Holding LLC’s Emirates International Telecommunications LLC is planning to sell stake in Axiom Telecom, LLC. According to the news report, 26% stake in Axiom Telecom is up for sale. It is also reportedly looking for a buyer for its 35% stake in Tunisie Telecom S.A. Axiom Telecom’s stake is estimated to be worth $300 million. JP Morganhas valued the Tunisie Telecom stake at $650 million.
Government Dimisses Stake Sale In Tunisie
Feb 20 14
Government denies any plans to sell 16% stake in Tunisie Telecom to Emirati partner. Taoufik Jelassi, Minister of Higher Education, Scientific Research and Information and Communication Technology denied any plans to sell 16% of the capital of Tunisie Telecom to an Emirati partner or any other investor. "Tunisia's interest remains above any other consideration," he said.
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