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Articles tagged with: Celtel and Zain
Vivendi Suspends Talks with Zain Over African Investment
France's Vivendi announced today that it is interrupting talks, started some weeks ago, with Zain Group, to acquire a majority stake in its African telecommunications activities. more
Related Tags: vivendi, debt-ratings, France
Vivendi Confirms - Is in Talks to Buy Zain's African Assets
In a partial contradiction from yesterday's denials by Zain's CEO, Saad al-Barrak, France's Vivendi has formally confirmed that it is in talks with the company over an acquisition. In the statement, the firm said that an acquisition would enable Vivendi to capitalize on its successful experience of developing mobile telephony in Africa. more
Related Tags: vivendi
Zain Sale Rumours Boosted by UBS Appointment
In a short statement to the Kuwait Stock Exchange, Zain has confirmed that it has appointed UBS, and other consultants, to conduct a strategy review of its operations. The company did not comment on the ongoing rumours that it is looking to sell its Pan-African assets. more
Related Tags: vivendi
Vivendi Named as Possible Bidder for Zain's African Networks
Following reports last week that Middle-East operator, Zain was unexpectedly looking at selling its African operations to an unnamed French company, Vivendi has emerged as the suspected bidder. The Nigerian newspaper, Business Day said that Vivendi is the bidder, without citing sources. more
Related Tags: vivendi
Zain Reported to be in Talks for $12 Billion Sale of African Networks
Kuwait based Zain is reported to be considering an offer to sell its African mobile networks to an unnamed French company. The sale of the former celtel assets is estimated to be worth up to US$12 billion, including debt, reports the Dow Jones Newswire, citing the Al Qabas newspaper. more
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Vodafone India CEO to Retire at the End of March
Vodafone has announced that the CEO of its Indian subsidiary, Asim Ghosh is to retire in March - and named Marten Pieters as his replacement. Ghosh will however continue as a non-executive member on the board of Vodafone Essar. more
Related Tags: sim, vodafone, lte, reliance-communications, reliance, mumbai, gsm, millicom-international, millicom, India
Zain Tanzania Aims for 3.8 Million Subscribers by Year-End
Zain Tanzania says that it expects to achive a subscriber base of 3.8 million by the end of this year. Zain Tanzania Managing Director, Mr Khaled Muhtadi recently said that the company was close to reaching 3.3 million subscribers. more
Related Tags: vodafone, cdma, Tanzania
Zain Malawi offers additional coverage sites to widen network
APA-Lilongwe (Malawi) Zain Malawi, once known as celtel Malawi, on Monday announced additional of nine coverage sites across the country in a bid to improve the quality and delivery of service to its over one million subscribers on its nationwide network. more
Related Tags: base-station, rsa, base-stations, Malawi
Zain Employing 8,000 Staff to Protect its Base Stations
Zain Nigeria says that it is now running back up power generators in the bulk of its 3,600 base stations in the country due to continuing problems with the national electricity supply. The company added that it is burning 450 liters of diesel every second to keep its mobile towers operational. more
Related Tags: roaming, arpu, mtn, base-stations, towers, Nigeria
Tanzania launches Zain global brand
APA-Dar es Salaam (Tanzania) Jamaican-born reggae star Norville Rogers, better known as Shaggy, will on Friday in Dar es Salaam perform a concert to mark the rebranding of celtel Africa into Zain global brand in Tanzania. more
Related Tags: tickets, Tanzania