Maroc Telecom Acquires 61% of Burkina Faso’s Onatel

Morocco’s largest telecom operator “Maroc Telecom” completed the acquisition of a 10% stake in ONATEL on the Abidjan Regional Stock Exchange for €41 million, bringing its shareholding in the Burkina Faso subsidiary to 61%. This transaction, at a price of CFAF 8,000 per share, allows Maroc Telecom to....

Source : http://northafricapost.com/23232-maroc-telecom-acq...