0
Wireless

Unitel shareholders consider listing and share sale - report

Friday 5 July 2019 | 14:31 CET | News
Market analysts estimate that Unitel could be worth at least USD 2 billion. The company has 10.4 million subscribers, ending 2018 with revenues of USD 958 million and EBITDA of USD 306 million. MTN, Orange and Vodafone have all expressed interest in the Angolan market, according to bankers.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Unitel
Countries: Angola
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Angolan court suspends Dos Santos stake in Unitel

Published 03 Jan 2020 11:42 CET | Angola
Isabel dos Santos has tried to negotiate the sale of her 25 percent stake in Unitel to an Arab citizen, according to a ruling of ...

Sonangol to offer Unitel shareholders stake ahead of tender

Published 14 Aug 2019 15:14 CET | Angola
Unitel's shareholders will be able to exercise their right of first refusal for Sonangol's 25 percent stake if the company ...

No agreement on chairman of the board at Unitel

Published 21 Jun 2019 11:47 CET | Angola
The General Shareholders Assembly for Angolan operator Unitel, which was supposed to meet this week and elect a new chairman of ...