Tamer El-Mahdi, Director-General of Orascom Telecom Algeria (OTA), on Sunday denied speculation that the subsidiary company was beings old to the French group, Vivendi.
Speaking at a press conference in Algiers, he said Orascom had no intention whatsoever of selling the most cost-effective of its 12 subsidiaries, which was expected to see a 7 per cent growth in 2009.
OTA has nearly 14 million subscribers and is in competition with the Mobilis and Watanya Telecom Algeria, belonging to the Kuwaiti Group, Kowetien Qtel.
Speaking at a press conference in Algiers, he said Orascom had no intention whatsoever of selling the most cost-effective of its 12 subsidiaries, which was expected to see a 7 per cent growth in 2009.
OTA has nearly 14 million subscribers and is in competition with the Mobilis and Watanya Telecom Algeria, belonging to the Kuwaiti Group, Kowetien Qtel.
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