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Orascom Telecom is considering joining one of the consortium which are expected to bid for France’s fourth 3G license. In an interview to French daily Le Figaro, Orascom’s Chairman, Naguib Sawiris said that they are open to all options, acquisitions included.
He said: “Eight million North-Africans live in France and I think it makes sense from an industrial point of view to set foot in the French market.”
Speaking of acquisitions, when asked about prospects of buying Bouygues Telecom, Sawiris said that the company was overvalued, but that Orascom has the financial muscle to absorb the acquisition.
Things around French 3G spectrum auction are certainly heating up, and we’ll make sure to watch closely…
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
