August 30, 2016 7:16 AM ET

Diversified Telecommunication Services

Company Overview of Algerie Telecom SPA

Company Overview

Algerie Telecom SPA develops, installs, and operates public telecommunication networks in Algeria. The company offers telephone equipments, prepaid fixed telephone cards, mobile phone lines, and broadband Internet networks. Algerie Telecom SPA was founded in 2003 and is based in Alger, Algeria.

Route Nationale n°5

Cinq Maisons

Mohammadia

Alger,  16130

Algeria

Founded in 2003

Phone:

213 21 82 38 38

Fax:

213 21 82 38 39

Key Executives for Algerie Telecom SPA

Algerie Telecom SPA does not have any Key Executives recorded.

Algerie Telecom SPA Key Developments

Algerie Telecom Seeks IPO

In regards to Algerie Telecom SPA listing on the local stock exchange, Houda Feraoun said that an initial public offering (IPO) of the telco is a possibility, as it 'will boost its efficiency. Both UK-based Vodafone Group and Orange Group of France have expressed interest in acquiring a stake in the operator's wireless arm Mobilis.

Orange And Vodafone Reportedly Interested In Mobilis

Orange (ENXTPA:ORA) and Vodafone Group Plc (LSE:VOD) are interested in acquiring Algerie Telecom Mobilis S.p.A. from Algerie Telecom SPA.

Algeria Still Plans To List Mobilis

Algeria's new Minister of Post, IT and Communications, Iman Houda Feraoun stated that the government does not plan to open up the capital of Algerie Telecom SPA (AT) to the public, Agence Ecofin reported. He indicated that the listing of a 20% stake of Algerie Telecom Mobilis S.p.A. on the Algiers Stock Exchange is still on the cards. The listing plan is being reviewed, under which Mobilis would be spun off in a separate company before the initial public offering (IPO) takes place.

Similar Private Companies By Industry

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Divona SpA Middle East/Africa
Sofrecom Algerie Middle East/Africa

Recent Private Companies Transactions

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

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