Maroc Telecom completes the acquisition of Tigo in Chad

28 June 2019

Mergers, Acquisitions and Financial Results

Maroc Telecom has announced that it has finalized the acquisition from Millicom of the entire share capital of its subsidiary Tigo Tchad.

This transaction allows the first telecom operator to strengthen its international presence in high-potential markets. “It further strengthens its strategic positioning as a major player in telecom in Africa,” said the CEO of the group Abdeslam Ahizoune, adding that the operator will implement all its expertise to ensure long-term digital development on the Chadian market.

Source: Daily Morocco