MANAMA: Telecommunic-ations assets in the Middle East are now overpriced, according to Batelco as the company looks to invest in Africa, India and the Asia-Pacific region. This is part of the company's $4 billion acquisition drive. Only the Lebanese and Syrian telecoms markets are worth considering, said chief executive officer Peter Kaliaropoulos. "Really, in the rest of the Middle East, there's nothing," he said There are no big opportunities. "The big opportunities are in Africa, or India and Asia-Pacific," he said, adding Malaysia and Indonesia could also prove interesting markets. Since it lost its monopoly in Read more...
