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Syriatel denies Zain takeover

June 30th, 2009 · No Comments · Business

syriatelSyriatel has denied a takeover by Zain or Turkcell.

It comes after rumours that the company had sold shares to one of the companies. There has been speculation for years that the two regional giants would want to enter the Syrian market – either by winning the third license, or by taking over MTN or Syriatel.

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