{"id":12225,"date":"2010-04-28T15:10:00","date_gmt":"2010-04-28T13:10:00","guid":{"rendered":""},"modified":"2010-04-28T15:10:00","modified_gmt":"2010-04-28T13:10:00","slug":"mtn-orascom-telecom-talks-confirmed","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/12225-mtn-orascom-telecom-talks-confirmed.html","title":{"rendered":"MTN – Orascom Telecom talks confirmed"},"content":{"rendered":"

Orascom said in an e-mailed statement Wednesday that it was “aware that … Weather Investments SpA, is in discussions with MTN Group which may or may not lead to a transaction relating to the acquisition of control of Orascom and\/or its businesses by MTN.”<\/p>\n

The announcement comes after days of speculation that MTN may be looking to buy some or all of Orascom’s Africa assets. OT’s stocks fell by over 1 percent following the news, dropping to 7.52 Egyptian pounds on the Egyptian exchange.<\/p>\n

Orascom said “a further announcement will be issued in due course, as required.”<\/p>\n

MTN – Orascom Telecom talks<\/strong><\/a> << comments and views<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Telecom says its parent company Weather Investments is in talks with South Africa's MTN Group Ltd. concerning a potential acquisition of some or all of the Egyptian telecom giant's businesses.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-12225","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/12225"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=12225"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/12225\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=12225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=12225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=12225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}