May 25, 2017 10:01 AM ET

Diversified Telecommunication Services

Company Overview of Tunisie Telecom S.A.

Company Overview

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.

Cité Ennassim

Avenue du japon

Montplaisir

Tunis,  1073

Tunisia

Founded in 1995

Phone:

216 7190 1717

Fax:

216 7190 0777

Key Executives for Tunisie Telecom S.A.

Chairman and Chief Executive Officer
Age: 45
Compensation as of Fiscal Year 2016.

Tunisie Telecom S.A. Key Developments

EIT Looks To Sell Stake in Tunisie Telecom To Abraaj Group

The Abraaj Group is reportedly in talks to acquire 35% stake in Tunisie Telecom S.A. from Emirates Integrated Telecommunications Company PJSC (DFM:DU )

Tunisia Government To Sell Part Of Tunisie Telecom To Fund Go Deal

The Tunisian government said it plans to sell part of its 65% stake in Tunisie Telecom S.A. in order to help with the acquisition of GO p.l.c. (MTSE:GO). According to Agence Ecofin, the Tunisian government is planning to list the portion of the TT stake on the local stock exchange. Noomane Fehri, the minister for information technology, did not specify how much of the Tunisian government's stake would be sold off.

Two Bidders Reportedly For Go

GO p.l.c. (MTSE:GO) is expected to be acquired by one of two Arab companies vying for its majority shareholding. Industry sources said that two final bids were submitted to Go by Batelco (Bahrain Telecommunications Company) and Tunisie Telecom S.A. Sources said that Go was to take the decision on the preferred bidder shortly, possibly by the end of this month. Sources said that although both companies were considered to be financially solid, the decision would be based on many factors but mostly on the price which the two companies are expected to pay for the 60% stake currently held by Emirates International Telecommunications (Malta) Ltd. (Tecom). The final negotiations on the share price to be established for Tecom to sell its shares to the new owner may also affect the share price of the 7,000 other individuals, mostly Maltese who hold shares traded on the Malta stock exchange. Last year, the majority shareholder in Go announced that Tecom Investments of Dubai would be selling their stake.

Similar Private Companies By Industry

Company Name Region
TTE International Middle East/Africa
Tunisie Telecom S.A. Middle East/Africa
Orange Tunisie SA Middle East/Africa
Topnet Ltd Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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