Kuwaiti operator Zain has dismissed a report suggesting it could re-enter talks with Etisalat to buy its Sudanese fixed-line unit Canar.
In an emailed statement, Zain said it categorically denies the news, adding it has “no intention to enter into…
Kuwaiti operator Zain has dismissed a report suggesting it could re-enter talks with Etisalat to buy its Sudanese fixed-line unit Canar.
In an emailed statement, Zain said it categorically denies the news, adding it has “no intention to enter into negotiations with Etisalat’s telecom arm in Sudan – Canar”.
Yesterday, Reuters cited an unnamed source close the matter as saying UAE-based Etisalat was considering resurrecting the talks following failed negotiations earlier this year.
Zain is already present in Sudan, controlling the largest mobile operator. Meanwhile, Etisalat owns over 80% of Canar, the country’s biggest fixed-line player.
