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Vivendi international contemplates greater participation in Morocco's phone operator
Morocco, Business, 5/2/2003

Vivendi International is contemplating to increase participation in Maroc-Telecom capital, announced in Paris on Tuesday Vivendi CEO, Jean-Rene Fourtou before the general assembly of the group's shareholders.

The move, noted Fourtou, is motivated by "the important cash flow generated by Maroc-Telecom."

Vivendi International is also angling out to develop its telecommunications activities via Cegetel for land phone and SFR for mobile phones, he said.

Previous Stories:
  French group opens capital to Moroccan investors   (4/26/2003)
  President of Mauritania dedicates Moroccan-Mauritanian cement plant   (4/26/2003)
  Moroccan company sells over shares in beverages branch   (4/22/2003)

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