Omantel ends negotiations over selling stake in Worldcall Telecom

Mubasher: Oman Telecommunication Company (Omantel) said Thursday that its board of directors decided to end negotiations with a Pakistani investor over selling its stake in Pakistan’s Worldcall Telecom Limited.

Omantel owns a stake of 57% in Worldcall Telecom, according to a bourse filing.

The stock rose in today’s trading by 0.30% to OMR 1.66.

Mubasher Contribution Time: 04-Aug-2016 13:06 (GMT)
Mubasher Last Update Time: 04-Aug-2016 13:06 (GMT)