Telegeography notes that France Telecom is understood to be mulling four or five possible acquisitions in the Middle East and North Africa region over the next five years, with its CEO Stephane Richard suggesting that some deals could even be concluded this summer. Bloomberg quotes Marc Rennard, executive director for MEA and Asia, as saying: “Perhaps we will sign in the summer, perhaps it will take six months … We do not want to deteriorate our EBITDA ratio, but we need growth.”