Outremer to abandon Mauritius investment, paper says

30 Jun 2011

Outremer Telecom could turn its back on a plan to invest MUR1.6 billion (USD56 million) in Mauritius, local paper l’Express cites the company’s general manager for Mauritius Michel Rigot, as saying. The Port Louis-based paper writes that Outremer Telecom applied for a third-generation (3G) mobile licence in the country, but that its initial application was rejected. Although the matter has apparently been referred for courts – a decision on which is pending – Outremer Telecom has now suggested it may abandon the plan altogether.