France Telecom to acquire 40 per cent of Médi Télécom

Telecommunications company France Telecom has signed a memorandum of understanding with investment companies Fipar-Holding and FinanceCom with a view to acquiring a 40 per cent share of Moroccan telecommunications group Médi Télécom’s capital and voting rights.

France Telecom will consolidate this stake into its accounts by way of global integration from fiscal year 2015.