Oger Telecom dismisses sale rumours

Saudi Oger issues statement denying rumours about Oger Telecom sale talks
Saudi Arabian conglomerate, Saudi Oger, has dismissed rumours that it was considering the sale of Oger Telecom.
Saudi Arabian conglomerate, Saudi Oger, has dismissed rumours that it was considering the sale of Oger Telecom.

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Saudi Oger has dismissed rumours that it was considering an approach for a stake in its telecom division, Oger Telecom. The Saudi conglomerate said in a statement that it “remains highly committed” to its investment in Oger Telecom Ltd and all its operating subsidiaries.

“No offers for the sale of its stake in Oger Telecom Ltd. are being considered by Saudi Oger at this time,” the company said.

Saudi Oger issued the statement in response to reports that Qatar had been involved in discussions to acquire Oger Telecom, which owns a majority stake in Turkey’s incumbent operator, Turk Telekom.
 

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