Orange Tunisia

Tunisian government seizes controlling stake in Orange

The Tunisian government has seized a 51 per cent stake in Orange Tunisia. Earlier this month, it was rumoured that a draft cabinet decree calling for the seizure of all assets held by former president Ben Ali and his family was imminent. The Mabrouk Group, owned by Marwan Mabrouk, the son-in-law of the former president, owned 51 per cent of Orange which, it was speculated, was about to be taken over by the new government. Following the publication of a government decree during the week of March 21st, the seizures have been made official.

Tunisian government set to become majority shareholder in Orange?

Less than a year after its launch, Orange Tunisia may be on the verge of gaining a new majority shareholder in the form of the country’s incoming government. According to a report from Reuters, the 51 per cent stake held by Investec could be seized following a rumoured draft cabinet decree to the effect that all assets of former president Ben Ali and his family be seized.

Polls

Do you agree public funding should be used to support mobile operators to more broadly deploy Open RAN?

Loading ... Loading ...