Deals
Qatar Telecom Raises $12 Billion to Buy Maroc Telecom, CEO Says
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Qatar Telecom QSC raised $12 billion to finance its bid for a majority stake in Maroc Telecom SA as it seeks to expand through acquisitions, its chief executive officer said in an interview.
Qatar Telecom, which recently changed its name to Ooredoo, plans to focus on buying telecommunication operators abroad after expanding holdings in companies in Kuwait, Iraq and Tunisia last year, Nasser Marafih said yesterday at the World Economic Forum in Jordan.