Ooredoo Kuwait acquires FASTtelco

Kuwait-Mubasher: Ooredoo Kuwait has purchased 99% stake in the internet service provider FASTtelco, according to a recent statement.

Ooredoo has paid 80% of the acquisition deal, without revealing the total cost of the agreement.

The remaining 1% stake in FASTtelco is owned by Ooredoo’s subsidiary Al Wataniya Gulf Telecommunication Holding.

 

Mubasher Contribution Time: 04-May-2016 12:20 (GMT)
Mubasher Last Update Time: 04-May-2016 12:20 (GMT)