FT mulls Mobistar options

19 Oct 2007

According to Belgian newspaper De Tijd, France Telecom is considering whether to increase or divest its 50.2% stake in Belgian mobile operator Mobistar. ‘The status quo is the least likely option,’ a source close to the French telco was cited as saying. The report said France Telecom has three options – buying out minority shareholders, selling its stake entirely, or pushing Mobistar towards a strategic merger with internet and cable firm Telenet to create a diversified telecoms provider. It added that any decision will most likely be made before Mobistar’s next AGM in May 2008.

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