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General

LPTIC restructures its Africa telecom investments

Monday 24 August 2015 | 15:01 CET | News
Libyan Post, Telecommunications and Information Technology Company (LPTIC) has announced the strategic consolidation of several Libyan owned shareholdings in mobile and fixed-line network operating companies in sub-Saharan Africa. The restructuring will enable LPTIC to safeguard and stabilise important African telecommunications investments through the implementation of a renewed management strategy drawing on the skills, procurement and funding synergies of a wider group business. The restructuring further expands LPTIC's international footprint as it strategically extends its operations

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Categories: General
Countries: Africa / Libya
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