Thursday, 20 July 2017

Vimpelcom's Telecel Zimbabwe stake sale closes

By Mary Lennighan, Total Telecom
Tuesday 12 April 16

Government pays US$40 million for 60% stake in mobile operator.

The government of Zimbabwe has closed the US$40 million acquisition of Vimpelcom's 60% stake in mobile operator Telecel, according to local press reports. The state has acquired the shares via the Zimbabwe Academic and Research Network (ZARNet) and has paid for the stake in full…

The government of Zimbabwe has closed the US$40 million acquisition of Vimpelcom's 60% stake in mobile operator Telecel, according to local press reports. The state has acquired the shares via the Zimbabwe Academic and Research Network (ZARNet) and has paid for the stake in full…

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