Africa & Middle East Telecom weekly news

November 15th to November 22nd 2007

AFRICA & MIDDLE EAST:
Mobile TeleSystems considering investment options in MEA region 

AFRICA:
Etisalat looking at Africa as next investment destination
PT to sell minority stake in Africa holding 

CAMEROON:
MTN Cameroon selects Redline’s RedMAX for WiMAX network 

EGYPT:
IMEWE consortium to use Telecom Egypt’s infrastructure
Mobinil considers deploying international gateway to route international calls
Orascom reduces stake in HTIL to 14.3 percent
Telecom Egypt registers 12.3 percent increase in profits 

ISRAEL:
Bezeq releases 3Q 2007 results 

KENYA:
France Telecom consortium wins Telkom Kenya stake
Safaricom inks Internet deal with Google
Treasury acquires Telkom’s interest in Safaricom 

KUWAIT:
KIA receives nine more bids for third telecom company
Zain to acquire European telecom firm 

LEBANON:
Credit Suisse estimates generation of USD 6 billion from telecom auction 

MALAWI:
MTL inks deal with Huawei to deploy fibre optic network
MIDDLE EAST:
GCC to spend USD 375 billion for telecom development 

NIGERIA:
Nigerian House of Representatives proposes ban on sale of SIMs
NITEL sale to undergo government, senate review 

OMAN:
TRA approves resale of mobile services 

SAUDI ARABIA:
Mobily to spend SAR 4 billion for expansion
Saudi Zain to sell 700 million shares
Vivendi fails to reach agreement to acquire stake in Oger Telecom 

SOUTH AFRICA:
Telkom SA announces financial results for 1H ’07
Vodacom declares financial results for 1H ’07
Vodacom seems set for listing 

UGANDA:
Uganda Telecom restructuring for IPO 

UNITED ARAB EMIRATES:
BT, Etisalat collaborate to connect UAE’s financial sector with global players