Ooredoo (Qatar Telecom (Qtel) Q.S.C.) - Ticker: QTEL.QA today announced that it has submitted a binding offer to acquire Vivendi’s 53% shareholding in Maroc Telecom Group.

The offer is fully approved and binding on Ooredoo with immediate effect. Certainty of funding has been arranged with a consortium of banks.  

Further updates will be announced in due course.