Zimbabwean government to take over Telecel in August

Thursday 28 July 2016 | 10:58 CET | News
Zimbabwe's ICT Minister, Supa Mandiwanzira, said the government plans to finalise the acquisition of Telecel in August, Bulawayo 24/7 reports. This comes amid indications that the government had breached its contractual obligations to pay USD 40 million for a 60 percent stake to Vimpelcom by March, it reported.

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Categories: Mobile & Wireless
Companies: NetOne / Telecel / Vimpelcom
Countries: Zimbabwe
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