Thursday, 29 June 2017

VimpelCom completes Djezzy sale for $2.6bn

By Total Telecom staff
Monday 02 February 15

The move brings to an end a long-running dispute over the ownership of the Algerian mobile operator.

VimpelCom and Global Telecom Holding (GTH) have completed the sale of a 51 per cent stake held by GTH in Algerian mobile operator Djezzy to the Algerian National Investment Fund (FNI) for $2.6 billion. The move is the conclusion of a deal reached between VimpelCom and Algeria last April that brought to an end a long…

VimpelCom and Global Telecom Holding (GTH) have completed the sale of a 51 per cent stake held by GTH in Algerian mobile operator Djezzy to the Algerian National Investment Fund (FNI) for $2.6 billion. The move is the conclusion of a deal reached between VimpelCom and Algeria last April that brought to an end a long…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry