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Articles tagged with: Telecel and Orascom
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: mtn, base, 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
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: mtn, telecel-zimbabwe, orascom-telecom, Zimbabwe
Orascom Subsidiary Buys Namibian Mobile Network
telecel Globe, a subsidiary of Orascom Telecom has acquired the Namibia based mobile network operator, Cell One for approximately US$59 million in cash, of which US$32 million already paid and the balance due in January 2010. The debt assumed as part of this transaction is non-recourse on telecel Globe. more
Related Tags: orascom-telecom, gsm, cell-one, Namibia
Western Union Inks Mobile Money Transfer Deal with Orascom Telecom
Money transfer firm, Western Union has created an alliance with Orascom Telecom to introduce mobile remittance services in select markets. The services aim to make low-principal, high-frequency remittances more convenient to the millions of consumers who send money every day. more
Related Tags: gsm-association, mobinil, orascom-telecom, telecel-zimbabwe, globe-telecom, banglalink, western-union, smart-communications, tunisiana, mobile-money
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, mtn-uganda, zain, ict, orascom-telecom, vodacom, millicom, 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, mtn, rcom, celtel, cellcom, Liberia