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Articles tagged with: Telecel and Mtn
Zimbabwe's Telecel Says Not Selling Stake to MTN
Zimbabwean mobile network operator, telecel says that it is not planning to sell a stake to South Africa's MTN. There had been recent rumours that MTN was looking at buying a stake in a Zimbabwe company, and that telecel was the lead candidate. The rumours were heightened when the company took a stand at a trade fair in the country in April. more
Related Tags: base, orascom, Zimbabwe
Zimbabwe Network Seeks to Expand Coverage
Zimbabwe's smallest mobile network operator, telecel says that it is planning for a significant expansion of its network coverage. The company says that it has already boosted capacity thanks to upgrading existing base station towers. telecel Zimbabwe is owned by Egypt's Orascom Telecom. more
Related Tags: orascom, Zimbabwe
MTN Reported to be Interested in Zimbabwean Investment
South Africa's MTN is rumoured to be considering an investment in neighbouring Zimbabwe to get a stake in the country's mobile phone sector. The rumours were heightened when the company took a stand at a trade fair in the country this week. more
Related Tags: telecel-zimbabwe, orascom-telecom, orascom, Zimbabwe
Four Firms Bidding for Rwanda's 3rd GSM License
Four companies have been shortlisted to bid for Rwanda's third mobile license, the Rwanda Utilities Regulatory Agency (RURA) has announced. Thirteen companies had purchased tender documents from the regulator, but most chose not to submit a formal bid. more
Related Tags: roaming, mtn-uganda, zain, ict, orascom-telecom, vodacom, millicom, orascom, Rwanda
Private Equity Invests in West African Mobile Operator
The private equity group, Emerging Capital Partners (ECP) has announced a US$20 million investment in Cellcom, a mobile telecommunications company with operations in West Africa. The funds will be used to expand Cellcom's network and operations in Liberia and launch service in Guinea and Sierra Leone. more
Related Tags: mms, rcom, celtel, cellcom, orascom, Liberia
Benin Regulator Threatens to Shut-Down GSM Networks
South Africa's MTN has been hit with a retrospective 600% rise in its license fees in the African country of Benin, and is now facing having its network shut down by the regulator. Benin's Telecommunications Regulation Authority is reported to have suspended the operating license of both MTN, and rival operator Atlantique Telecom saying that the companies had adjusted their commercial names without permission. more
Related Tags: moov, license-fees
South Africa's MTN Group says that it has appointed Eric Tronel as chief executive of MTN Congo. Tronel joins MTN Congo Brazzaville from telecel Burkina Faso, and has previously held various positions in the telecommunications industry in Europe and Africa, MTN Group said in a statement. more
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MTN Increases Investments in Uganda and Ivory Coast
South Africa's MTN has announced that it has increased its shareholding in MTN Uganda to 84.44% from 52.01%, converting the joint venture operation into a fully consolidated subsidiary of the Group. This follows the successful acquisition of a 32.44% stake purchased from Swedish telecom giant, Overseas Telecom for EUR130 (US$166) million. Overseas Telecom is 65%-owned by TeliaSonera. more
Related Tags: teliasonera, mtn-uganda