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Wireless

Lonestar Cell MTN renews effort to acquire Novafone - report

Tuesday 17 May 2016 | 15:31 CET | News
Liberian operator Lonestar Cell MTN's plan to acquire Novafone is reportedly back on the table, weeks after the LibTelCo deal collapsed, the New Dawn reported, citing insider sources. The sources said the final plan is being worked on for a takeover, but added that the renewed, negotiated deal is less than what LibTelCo had offered. The LibTelCo deal had offered something around USD 24 million, according to its CEO Sebastian Muah.

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Categories: Mobile & Wireless
Companies: Lonestar / MTN / Novafone
Countries: Liberia
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