Tunisie Telecom has submitted documents to the stock market regulators of Tunis and Paris as a first step to a dual listing, according to media reports.
The Tunisian state, which holds 65% of the telecoms incumbent, and TeCom-DIG, which owns the rest,…
Tunisie Telecom has submitted documents to the stock market regulators of Tunis and Paris as a first step to a dual listing, according to media reports.
The Tunisian state, which holds 65% of the telecoms incumbent, and TeCom-DIG, which owns the rest, will reportedly each sell a 10% stake
Banque d’Affaires de Tunisie and Credit Suisse have reportedly been appointed for the IPO.
Tunisie Telecom’s mobile unit compete with 2G operator Tunisiana, owned by Qtel, and 3G operator Orange which launched commercially earlier this year.
The telecoms incumbent received a 3G licence in October.
The company did not respond for comments.
