Telecommunications

Telecommunications

We have been very active in Telecoms on the regional stage as among our clients is Kuwait’s, Jordan’s, Iraq’s and Sudan’s largest telecommunications operator. We advised that very client on a number of billion dollar plus acquisitions including on a $3.3 billion acquisition of a Pan-African telecom operator and on a $1.2 billion acquisition of Orascom telecom’s operation in Iraq. Among our earlier activities in this sector, we advised a consortium of investors on an attempted $500 million acquisition of 40% of the Jordanian Government owned telecom operator. In IT, we advised a silicon valley company in the first silicon valley foray into the Middle East in a multi-million dollar acquisition. In Media, our activities include advising a major European telecom and broadcasting company on the intended acquisition of a controlling interest in a GCC owned Jordanian company engaged in the satellite broadcasting business.