Mobile operator seeks to enter Cuban phone market
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| Published on Monday, May 19, 2008 |
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By Rebecca McLaughlin-Duane and Mahmoud Kassem
SHARM EL SHEIKH, Egypt (Bloomberg): Orascom Telecom Holding SAE, the biggest mobile phone company in the Middle East by number of subscribers, is looking to enter the mobile phone market in Cuba, Chief Executive Officer Naguib Sawiris said.
"Cuba is opening up,'' Sawiris said in an interview with Bloomberg Television at the World Economic Forum in Sharm el- Sheikh, Egypt, on Sunday. "We would be interested in entering in whatever way we can.''
Cuban President Raul Castro lifted restrictions on the ownership of mobile telephones, the Guardian reported on March 28. Mobile phone ownership had been restricted to employees of foreign companies and certain government workers, the British newspaper reported. | | | | Reads : 179 | | | |
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