Maroc Telecom Completes Purchase of Gabon Telecom, Ministry Says

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Maroc Telecom has completed the final payment for a 51 percent stake in Gabon Telecom SA, which it bought from the state in 2007, Gabon’s Ministry of Post and Telecommunications said.

Maroc Telecom, which is controlled by Paris-based Vivendi SA, has paid the last 34 million euros ($45 million), the ministry said in a statement today.