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Zimbabwe closes Telecel purchase

Connectivity Business by Connectivity Business
April 12, 2016
in Investment and M&A, Space Services
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The Zimbabwean government has completed its US$40m acquisition of VimpelCom’s 60% stake in Telecel Zimbabwe, according to ICT minister Supa Mandiwanzira. Mandiwanzira told a parliament committee that the government had closed the deal via state-owned ISP Zimbabwe Academic and Research Network (Zarnet), local media reported. The Zimbabwean government has completed its US$40m acquisition of VimpelCom’s (NASDAQ:VIP) 60% […]

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Tags: AfricaPremiumTelecelTF244VimpelComZarnet
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