Afran : Bioethics and the ethics of science and technology are set to receive more prominence in the Arab world following the launch of a regional centre in Egypt to highlight activities in these fields. microscopes The Regional Documentation and Information Cen
on 2010/4/13 15:30:00
Afran

20100412
AFRICA NEWS

France Telecom has announced plans to invest as much as 7 billion Euros ($9.3 billion) in deals across Africa and Middle East in the next five years.

According to Businessweek.com, France Telecom CEO, Stephane Richard, confirmed in an interview that the company was interested in doubling its revenue from emerging markets by investing in the MEA region. He said developing markets currently account for 3.3 billion euros of France Telecom's revenue, representing about 7% of total annual sales of around 46 billion euros.

France Telecom's interest in emerging markets follows some of the world's largest mobile operators who have invested in Africa, in search of growth opportunities. India's Bharti Airtel's acquisition of Kuwaiti operator Zain's assets in 15 African countries, for $9 billion, is an encouraging deal for foreign operators.
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