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Oger Telecom owner poised for bankruptcy

Connectivity BusinessbyConnectivity Business
August 10, 2016
in Financing, Space Services
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Saudi Oger, the owner of Oger Telecom, which has significant stakes in Turk Telekom and South Africa’s Cell C, is reportedly close to filing for bankruptcy. The Saudi conglomerate has suffered from a slowdown in the domestic construction sector due to low oil prices and state spending cuts and owes more than US$800m, according to Saudi and French […]

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Tags: AfricaAveaCell CEuropeMiddle EastOger TelecomPremiumSaudi OgerTF248Turk Telekom
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